Dow Jones on Jan 3rd 2000 Versus June 20th 2008

[Chapdog]

Jan 3rd 2000 = 11,522
June 20th 2008 = 11,830


2 recessions. And technically speaking a flat stock market. Is this the 70's?

 

[uscitizen]

More millionaires than ever before

 

[Cypress]

Edited:

Jan 3rd 2000 = 11,522
June 20th 2008 = 11,830


2 recessions. And technically speaking a flat stock market stagnant wages, cratering housing market. stagnant job growth, exponentially increasing healthcare and energy prices. Is this the 70's?

The Bush tax cuts are working.

 

[Bonestorm]

Jan 3rd 2000 = 11,522
June 20th 2008 = 11,830


2 recessions. And technically speaking a flat stock market. Is this the 70's?

One of John McCain's economic advisors wrote this book back in 1999:

Ah, the heady days of 1999.

In any event, apparently he's advising McCain to do more of the same shit Bush has been doing for the past 8 years.

 

[evince]

Whats worse is employment of Phil Gramm as an economic advisor. Gramm is the architect of the deregulation which has brought us the savings and loan, Enron,sub prime and huge oil spectulation which has greatly increased the cost of gas at the pump.

How anyone can vote for more Phil Gramm ideas is beyond me?