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Thread: Dow Jones Industrial Average Jumps 308 Points After Fiscal Cliff Deal

  1. #31
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    Re: Market Votes For The Tax Hikes on the Rich -- DOW rises over 300

    Quote Originally Posted by TheNextEra View Post
    You wouldn't know class envy if it bit your ass since nothing I posted even came close to class envy. The facts are the market is doing well with Obama being president (I thought the world was going to end according to some right-wingers if Obama was re-elected) and the markets are doing well even with the deal.

    You're just mad that the doom and gloom you conservatives "predicted" from your faulty crystal balls isn't coming to fruition.
    Unemployment still at 7.8% for December......even with all that Christmas shopping. It hasn't dropped since Sep. He said four years ago it would be way lower (than today) with his policies. The national debt is still clocking up, and so is the deficit. So what exactly has Obama accomplished? What is a few hundred point jump in a DOW that is over 13,000? Hmmmm...2%? What exactly are you bragging about?
    "He who does not think himself worth saving from poverty and ignorance by his own efforts, will hardly be thought worth the efforts of anybody else." -- Frederick Douglass, Self-Made Men (1872)
    "Fly-over" country voted, and The Donald is now POTUS.

  2. #32
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    Re: Market Votes For The Tax Hikes on the Rich -- DOW rises over 300

    Quote Originally Posted by TheNextEra View Post
    I don't believe that the wealthy aren't paying their fair share, but I do agree they are the most capable of paying an increase in taxes. That's just a fact. We can go into the whole right and wrong thing with that, but the fact is they can.

    Where I agree with most of the right on is that REAL spending cuts need to happen out of good faith before raising taxes. The federal government has a huge spending problem and while increased revenue through raised taxes MIGHT decrease a very small portion of the debt, without spending cuts it is like putting a bandaid on a severed hand hoping to stop the bleeding.

    Eventually taxes WILL need to be raised, but I think the government needs to prove itself more responsible before doing so.

    I lost faith that the GOP could be fiscally responsible during the Bush years and the Dems pretty much sealed the deal at the end of the Bush era and beginning of the Obama era with any hope they could. No side currently speaks for me.
    I don't get this, on the one hand you're bragging about Obama, and on the other hand the Dem plan of tax increases without spending cuts is insane. You can't have it both ways.
    "He who does not think himself worth saving from poverty and ignorance by his own efforts, will hardly be thought worth the efforts of anybody else." -- Frederick Douglass, Self-Made Men (1872)
    "Fly-over" country voted, and The Donald is now POTUS.

  3. #33
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    Re: Market Votes For The Tax Hikes on the Rich -- DOW rises over 300

    Quote Originally Posted by American View Post
    I don't get this, on the one hand you're bragging about Obama, and on the other hand the Dem plan of tax increases without spending cuts is insane. You can't have it both ways.
    You'll have to show where in my quote that your reading comprehension says I am bragging about Obama. Your fail is noted.

  4. #34
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    Re: Market Votes For The Tax Hikes on the Rich -- DOW rises over 300

    Quote Originally Posted by American View Post
    Unemployment still at 7.8% for December......even with all that Christmas shopping. It hasn't dropped since Sep. He said four years ago it would be way lower (than today) with his policies. The national debt is still clocking up, and so is the deficit. So what exactly has Obama accomplished? What is a few hundred point jump in a DOW that is over 13,000? Hmmmm...2%? What exactly are you bragging about?
    Wasnt bragging only pointing out the righties doom and gloom isnt happening as they said. Righties said this country would be destroyed if Obama was reelected. The market shows differently. Your fail again.

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