From Here to Back There

[BCam]

Inspired by Mr. Romney's speech last night, I decided to look at just a few of the numbers involved in how President Obama's Administration is a pox on American business (both large and small).

January 19, 2009, George W. Bush leaves Office:

DOW: 8281
NASDAQ: 1,529
S&P 500: 850

August 29, 2012, Mitt Romney accepts Republican nomination:

DOW: 13,000 (+57%)
NASDAQ: 3049 (+99%)
S&P 500: 1,400 (+65%)

If that's bad, we'd better strap down the seat belts because "good" would be historic.

[Avenger]

I suppose the 1% isn't doing bad. What about the 99%?

[cbelt3]

Avenger wrote:
I suppose the 1% isn't doing bad. What about the 99%?

They own stocks or mutual fund bits as well. They're doing a bit better.

Wait.. you bought into the idea that only rich bastards own stocks ? Please open your wallet and check your party affiliation identity card.

[beagledave]

Avenger wrote:
I suppose the 1% isn't doing bad.

Wait..so it IS ok to ask them to pay more in taxes, then? Awesome!

[Avenger]

cbelt3 wrote:
[quote=Avenger]
I suppose the 1% isn't doing bad. What about the 99%?

They own stocks or mutual fund bits as well. They're doing a bit better.

Wait.. you bought into the idea that only rich bastards own stocks ? Please open your wallet and check your party affiliation identity card.
Cool it, belty. I am trying to lasso them in their contradiction. You blew my cover!

[Black]

On't-day eed-fay uh-thay olls-tray.

[beagledave]

Avenger wrote:

Cool it, belty. I am trying to lasso them in their contradiction. !

[mrbigstuff]

as i have said in the past (many times), if the Dems were smart at fighting fire with fire, they would just put this billboard up across the country.

a plus: it would be relatively cheap.

and, yes, I know unemployment has increased by half a point since Jan 09.

[swampy]

The stock market says little about what is happening to small businesses. Mom and pop's with less than 50 employees can't borrow money to expand, replace old equipment or invest in new technologies, give employees raises, or hire new labor. That is the "back there" you need to be talking about.

And you haven't even touched on how inflation has eaten into the value of invested dollars.

[Gutenberg]

The mom and pop businesses don't want to make more money. That would make them subject to the death tax.