Stocks fall as jobless claims rise Weekly initial unemployment claims jump 13,000. Wholesale prices increased slightly in September. Yahoo shares climb on talk of a possible takeover bid. Google reports earnings after the close. Thursday, October 14, 2010 8:03 AM
You're right about that. It's time for action and to stop the whining. Ronnie Raygun had an unemployment rate of 11% at the end of his 1st two years though, but cut man a little slack unless you want to bad mouth your tin hon Jesus.
In Dec of 2008 the Dow was at approx 9,500 points By March of 2009 it had soared all the way down to 6,500 points during Alfred E. Bush's stewardship. It has returned to 11,000+ points under Obama's stewardship. That it went down 50 odd points this past week is no reason to push the panic button yet, unless you like the way Bush drove it down some 8 or 9,000 points on his watch with 750,000 layoffs a month during the last year he was in office. I know you and your fellow conservative cavemen hate to admit it but Clinton's 3-4% tax increase worked and it will work again after Bush's tax increase happens in January 2011. We will not let you and your ilk to turn america into a jungle where only the fittest survive and continue to feed each other.