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Wednesday, August 22, 2007

 

Republicans: bad for the economy

By Robert Weiner and John Larmett:

Contrary to opinion, we do not have record high stocks. It would take 14,300 for the Dow Jones industrial average just to match for inflation the 11,750 under Clinton in 2000. We're now around 13,000, meaning, in real terms, a stagnant market with a loss for the past six years. Democrats empower the buyers, Republicans the sellers. Misdirected tax cuts, plus the Iraq war, have taken the money not just from America's working class but from America's businesses as well.

Permalink| Posted @ 12:28 PM |

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