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Live Video: Obama Speaks on Iraq

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lawhawk8/31/2010 6:15:38 pm PDT

re: #319 elbruce

I guess I’m in the bottom 98% and I’d see a huge tax hit. So would the rest of my family, most of the people I know, and most New Yorkers. But don’t let the facts get in the way of a beautifully worded retort.

Investment isn’t exactly doing fine. The markets are still down nearly 40% from their previous highs. They are off the multiyear lows, but that just means that they’ve returned to a more rational figure. Doesn’t exactly prove your point.

DJIA at its high was over 14,000. Now, it’s hovering at 10,000. That’s recovery? Manufacturing figures are down, car sales are down. Durables are down. That’s not a ringing endorsement for recovery.