Obamanomics

[MikeWaters]

http://online.wsj.com/article/SB123629969453946717.html

Really what we have here is our own version of Hugo Chavez.

This is the change that was coming. Buy the electorate with foodstamps and no taxes.

[tooblue]

Originally Posted by MikeWaters

http://online.wsj.com/article/SB123629969453946717.html

Really what we have here is our own version of Hugo Chavez.

This is the change that was coming. Buy the electorate with foodstamps and no taxes.

It is very disconcerting. Obama is charismatic and socialist.

[Cali Coug]

Originally Posted by MikeWaters

http://online.wsj.com/article/SB123629969453946717.html

Really what we have here is our own version of Hugo Chavez.

This is the change that was coming. Buy the electorate with foodstamps and no taxes.

Do you know what the Dow is, out of curiosity?

[Tex]

Originally Posted by Cali Coug

Do you know what the Dow is, out of curiosity?

That thing that keeps going down ever since Obama was elected.

[Cali Coug]

Originally Posted by Tex

That thing that keeps going down ever since Obama was elected.

Do you know what it is? Honestly.

[MikeWaters]

Chavez = Obama

[Tex]

Originally Posted by Cali Coug

Do you know what it is? Honestly.

I think they make cleaning supplies?

[il Padrino Ute]

Originally Posted by Cali Coug

Do you know what the Dow is, out of curiosity?

You don't like an article that points out that Obama is a socialist so you ask Mike if he knows what the Dow is?

[Levin]

Originally Posted by MikeWaters

Chavez = Obama

Not Banksy's best work.

BYOB -- Bring Your Own Barack?

[Cali Coug]

Originally Posted by il Padrino Ute

You don't like an article that points out that Obama is a socialist so you ask Mike if he knows what the Dow is?

Mike's "evidence" that Obama is a socialist (why am I bothering with explaining this to you, you definitely don't know what the term "socialist" even means) is an article that claims Obama is harming the Dow. I find that extraordinarily amusing, mostly because I think Mike is falling into the trap of believing that the Dow is a barometer for the economy at large. The Stanford economist who wrote the article is clearly playing on that general misconception by putting "Dow" in the headline, but knows better (as evidenced by the fact that he doesn't reference the Dow a single time in his article's text. Problem is, it seems to me that neither Waters, you nor Tex really understand why the Dow isn't a good indicator of the economy at large, which makes me wonder if any of you actually know what the Dow is.

Still no responses, so I think I have my answer.