Monday, March 09, 2009

Fantastic businessweek article on Obama's Dow debacle

Please, please, please look at this chart.
The only reason why I'm not printing it is because I don't want to violate the copyright.

Then tell me that Obama has nothing to do with the Dow tanking.
From the article:
"Polls still show the President has strong popularity among the general U.S. population, and Obama continues to command power in Congress. But among investors, fairly or unfairly, there is griping that the new Obama Administration is at least partly to blame for the recent slide in stocks. Since Nov. 4, Election Day, the broad Standard & Poor's 500-stock index is off about 25%, and since Jan. 20, when Obama took office, the "500" is down 15%. "


The graphic kind of makes the point.

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