Tuesday, March 3, 2009

How Low Can You Go?

Via Instapundit: This is the stock market since the passage of the stimulus bill. Not so good, hunh? A vote of "no confidence" from investors, perhaps?

(h/t Little Miss Attila)


Sarah said...

Um Pat, maybe you are not aware that the stock market is just a little tracking thing that "bobs up and down" and you are not supposed to pay close attention to it because it has nothing to do with the long-term.

I mean, why would you listen to people who eat, breathe, and live this stuff when you've got a guy who has never had a real job who somehow made his way to the Oval Office telling you like it is!

Anonymous said...

Yeah, it's like everything tanked overnight just as soon as Obama took office... right! Yeah, that's it! Drive off a cliff, put someone else in the driver's seat as you plummet downward, and then blame him for the downward trend and inevitable crash as he tries to do what he can... Typical.

Anonymous said...

FYI - That last comment was not me, the typical Anonymous.

Looking at stock market levels in the few weeks since a bill passed is hardly a reasonable measure of ANYTHING. In case you haven't noticed, the market reached its peak in the fall of 2007 and has been declining ever since. That's called a trend, not an indicator of the market's response to a stimulus plan.