The Dow Jones Industrial Average has fallen 20 percent since Inauguration Day, the fastest drop under a new president in at least 90 years, according to data compiled by Bloomberg.
Well, no one can say they weren't warned about what electing this inept excuse for a leader would bring. This, America, is just the beginning of the economic horrors that are about to befall us. In addition, you may anticipate the same ineptitude in other important aren such as foreign policy.
By the time these four long years have passed, this nation will be so gravely self-mutilated there will be little chance of a speedy recovery.
UPDATE: In just a short time since I wrote this comes the announcement that unemployment is now 8.1%. If Obama keeps bemoaning how bad things are instead of boldly leading us out of this mess, we may soon be looking at double digit unemployment. It will also be interesting to see how the stock market reacts today. Of course, Obama and crew aren't paying attention to it. They refuse to be influenced by such things. Heaven help us!
UPDATE: It's only a couple of hours later and now we have the announcement that a record 31.8 million Americans received food stamps at the latest count, an increase of 700,000 people in one month. Obama is on a roll, unfortunately for us it's downhill.
No comments:
Post a Comment