FUN FACT for the 1% and job creators: The S&P 500 (often considered a proxy for the US economy) is up SEVENTY-THREE percent since Obama took office. 73%. That’s a lot. If you invested $100.00 on inauguration day, it’d be worth $173.00 today. If you’d invested a million, you’d be approaching two million. It’d be what anyone, Warren Buffett or Mitt Romney included, would consider an excellent investment. If I were wealthy, I would say something like “Steady as she goes, Captain” to whomever was piloting the ship.
The above is a screenshot I took a few minutes ago from Google Finance; it’s not from any candidate’s website. The little hand shows Inauguration Day, 2009.
Feel free to share this with a friend or elderly white man.
pivots and points
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2012-10-15
Source: robdelaney
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toiling said:
That’s because they (treasury + fed) have been printing money to give out to the banks to bail out their balance sheets, which the banks in turn lever up in all kinds of wild speculative ways. The record of that is in this graph. And it’s horrendous.
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