Anonymous
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Anonymous
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that's some very selective use of data - does your job involve writing the press releases for AZ's clinical trial data?!Tuesday, November 4, 2008 (election day), DJIA closing price: 9625.25
http://bigcharts.marketwatch.com/historical/default.asp?symb=djia&closeDate=11/04/08&x=41&y=25
Wednesday, November 5, 2008 (day after Obama was elected), DJIA closing price: 9139.27
http://bigcharts.marketwatch.com/historical/default.asp?symb=djia&closeDate=11/05/08&x=0&y=0
That's about a 500 point drop. The DJIA went down below 7,000 soon after that. And the liberals talk about the conservatives rewriting history.
Most of the things liberals claim are lies.
The Dow had already dropped from 13,500 to 9,000 from summer 2008 to October 2008. A drop of 4,500, or 33% - the crash was in free-fall before Obama got elected. It continued dropping to 7,000 by March 2009 but by the end of 2009, after one year of Obama being in power the Dow was at 10,500, over 1,000pts un compared to when he was elected. I'm no fan of Obama's handling of the economy but to try to pin the 2008 crash on him is absurd.