Footwedge;1570092 wrote:Yes indeed...the pundits were right. With the Muslim socialist in power, the stock market would certainly crater. Remember all the venom you spewed regarding the private sector having no faith with the socialist in power? Remember Gut? Post after post after post. The American economy will collapse under this Muslim socialist. Now I will agree with you on one point. The economy will be artificially inflated with record spending. Sadly for your team, Bush spent a pile too much as well...and the economy collapsed while he was in power. Only partisan hacks and their tunnel vision can't follow the bouncing ball.
Oh good lord, are you going to try to argue economics with me again? You've been gone a long time - you must have read and misunderstood a ton of books during your absence.
Everything I "spewed" about the private sector not liking Obama's policies is true - every real businessmen knows this. If you read actual financial and business pubs, you would know this.
What you are talking about is the markets, which is a different animal. It has been considerably juiced by historically easy Fed policies, including an unprecedented $3T+ cold, hard cash in QE pumped into the markets.
And for the record, I never said the markets would crash. I never said the economy would collapse (although, some day, our spiraling debt levels are going to cause some serious pain that makes the Obamaconoy look like goldilocks). Typical liberal bullshit of strawmen and hyperbole, trying to win arguments by making up things that were never said (and, yet, still managing to lose the debate!)
Only partisan liberals don't understand economics. I'm convinced of this more and more every day I read stuff on message boards from people equally as clueless as you.