Thursday, October 09, 2008

Is the market building in an "Obama Discount?"

I like charts, and graphs.

These three explain a lot, unless you believe in coincidences...the first shows John McCain's poll numbers, the second shows the Dow Jones Industrial average, the third shows Obama's poll numbers:

And I don't believe in coincidences....

Here's a take on what's about to go down:

Barack Obama, trying to fill Ronald Regan's shoes. Has this nation at long last lost its divine providence?

McCain has 100 signatures from 100 economists (including five winners of the Nobel prize in the matter) on a statement decrying Obama's insane fiscal policies:

Barack Obama argues that his proposals to raise tax rates and halt international trade agreements would benefit the American economy. They would do nothing of the sort. Economic analysis and historical experience show that they would do the opposite. They would reduce economic growth and decrease the number of jobs in America. Moreover, with the credit crunch, the housing slump, and high energy prices weakening the U.S. economy, his proposals run a high risk of throwing the economy into a deep recession. It was exactly such misguided tax hikes and protectionism, enacted when the U.S. economy was weak in the early 1930s, that greatly increased the severity of the Great Depression.

At this point, I don't think a million signatures would make a difference...

1 comment:

knowitall said...

Well someone in the left-wing illuminati need to advise Obama that trying to be like Reagan, he shouldn't have insulted his wife in his first speech.