3/2/12

Rising Market Cautious President

Rising Market Debunks Republican Myth (Again) | National Memo | Breaking News, Smart Politics: "What the president might consider explaining is that the latest market surge (and its rise over recent months) are unsurprising to anyone familiar with America’s financial history. The rule that stretches back over the past century is clear: Stocks rise under Democrats and decline under Republicans. And that simple statistic is matched by a broad set of economic data that follow the same partisan vector. Republicans have often succeeded in persuading voters that their party is “good for the economy” – a persistent myth that the president ought to debunk."

'via Blog this'

Still, he has alluded to the market rise.




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