Friday, July 31, 2009

Markets rally to 2009 highs; Obama not to blame

Just remember: these gains for the DOW, S&P 500, and NASDAQ, plus lower than expected unemployment, do not mean Obama is doing a good job.  They do not mean the stimulus is working.  The stimulus, after 4 months, has already failed.  

Only if the markets fall are we allowed to give Obama credit.  That's the way it works.  Got it straight?  Good. 


Wall Street rallies as investors saw signs of stabilization on the labor front. Dow closes at highest level this year. 
By Alexandra Twin
July 30, 2009 | CNNMoney.com

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