Thursday, October 15, 2009

Previously Blaming Obama For Slumping Markets, Boehner Now Downplays Surging Dow

The Dow Jones Industrial Average climbed above 10,000 for the first time this year as “U.S. stocks approached their highest levels since Lehman Brothers Holdings Inc.’s bankruptcy sent the global economy into a tailspin.” In fact, the index is up 13 percent since the start of the year.

House Minority Leader John Boehner grumbled at the news. “[You're] certainly not talking to the American people,” if you’re placing any significance on the 10,000 mark, Boehnercontended:

“The American people understand that unemployment is almost at 10 percent, they understand that they might be next so there are concerns about the economy,” Boehner said. [...]

Boehner said the stock market’s rebound is a reaction to the extreme shock from earlier this year, but it says little more than that.

“At the end of the day, the American people aren’t looking at the stock market in terms of putting food on the table,” Boehner said. “They want jobs, and they want them now.”

However, in the past Christian Republican Boehner didn’t  dismiss the significance of the stock market.  In fact, Boehner stated in March that the dsmil numbers coming from Wall Street represented the public’s dissatisfaction with Obama’s economic policies:

“The president certainly remains popular, but his policies are becoming less and less popular,” Boehner said, citing the continuing slide in the financial markets. “Certainly the stock market hasn’t acted very well” ….apparently this suddenly happened since Obama’s inauguration.

Also, Boehner, like many other Christian Republicans and Fox News have often used the markets to tout or brag about the leadership of the Republican/Christian party of family values.   Boehner stated at a GOP rally that the republicans would best handle the economy by “pointing to a hot stock market”.  Yeah, during that time it was a little “hot” but under their “leadership” we have all witnessed what happened.

No comments:

Post a Comment