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Dow Jones Industrial Average Jumps 308 Points After Fiscal Cliff Deal

Re: Market Votes For The Tax Hikes on the Rich -- DOW rises over 300

head of joaquin said:
Even Wall Street realizes that the rich need to pay more and that the tea party's insane plan to cut expenditures would hurt the economy.

How do we know that: THE DOW WENT UP 300 POINTS BECAUSE OF OBAMA'S VICTORY OVER THE GOP ON THE FISCAL CLIFF.
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Funny how you have no problem with sacrificing the future of our country for 300 points today on the DOW. This President, Senate, or House will not deal with our deficit or debt problem in the next 4 years. If things continue as you would like, Republicans and in particular Tea Partiers, will lose their seats in the House in 2014. Gov't spending will then increase even more. You have no issue with that either. You continue to speak of this 3% growth in all of your posts. That growth means nothing when the money is blown on wasteful spending. Everytime our economy gets better, the gov't gets bigger. Its a vicious cycle that no one, and especially President Obama and the Democratic party, have any interest in stopping. What's your excuse for supporting this?
 
Re: Market Votes For The Tax Hikes on the Rich -- DOW rises over 300

Correct me if I'm wrong, but the fiscal cliff was a majority Republican creation. It was an artificial crisis, not a real one. Just like how they almost shut down the federal government two years ago in another manufactured crisis which led to a credit downgrade.

There is no question that the government is able to meet its debt obligations, and talking about reducing the deficit in the short term is ludicrous. In other words, all of this partisan quackery that we have had to deal with coming out of congress and the white house have been for no real reason.
 

But, when the market took a dump after Obama's re-election, they wrre all just a bunch of sore losers. Gotta love Libbo logic.
 

Everyone knows this is Bush's fault; Obama inherited this from Bush.
 
Re: Market Votes For The Tax Hikes on the Rich -- DOW rises over 300


Unemployment still at 7.8% for December......even with all that Christmas shopping. It hasn't dropped since Sep. He said four years ago it would be way lower (than today) with his policies. The national debt is still clocking up, and so is the deficit. So what exactly has Obama accomplished? What is a few hundred point jump in a DOW that is over 13,000? Hmmmm...2%? What exactly are you bragging about?
 
Re: Market Votes For The Tax Hikes on the Rich -- DOW rises over 300


I don't get this, on the one hand you're bragging about Obama, and on the other hand the Dem plan of tax increases without spending cuts is insane. You can't have it both ways.
 
Re: Market Votes For The Tax Hikes on the Rich -- DOW rises over 300

American said:
I don't get this, on the one hand you're bragging about Obama, and on the other hand the Dem plan of tax increases without spending cuts is insane. You can't have it both ways.
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You'll have to show where in my quote that your reading comprehension says I am bragging about Obama. Your fail is noted.
 
Re: Market Votes For The Tax Hikes on the Rich -- DOW rises over 300


Wasnt bragging only pointing out the righties doom and gloom isnt happening as they said. Righties said this country would be destroyed if Obama was reelected. The market shows differently. Your fail again.
 
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