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Blaming Obama for the Dow

The Republican National Committee emails reporters President Obama’s comment that the stock market is sort of like a tracking poll in politics and that people

Jul 31, 2020
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The Republican National Committee emails reporters President Obama’s comment that “the stock market is sort of like a tracking poll in politics” and that people should fret about it. The RNC writes:
Please note President Obama’s comments at today’s media avail that he is not spending much time “worrying about that.”
The sinking Dow Jones Industrial Average is emerging as an attack line for Republicans—on his radio show today, Rush Limbaugh claimed that “capital is on strike” against the president—but there’s some message muddle about when, exactly, Obama started wrecking everything.
Jeff Emanuel of RedState.com:
Since the Democrats took over Congress in January 2007, the Dow has lost 46%of its value — 5,699.86 points — with 1,452.38 of that decline coming in the mere month and a half since President Obama’s inauguration.
Sean Hannity on Fox News last night:
On Nov. 4, after Barack Obama clinched the White House, the market closed at 9,625.28.
So when was it?
Hajra Shannon

Hajra Shannon

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Hajra Shannona is a highly experienced journalist with over 9 years of expertise in news writing, investigative reporting, and political analysis. She holds a Bachelor's degree in Journalism from Columbia University and has contributed to reputable publications focusing on global affairs, human rights, and environmental sustainability. Hajra's authoritative voice and trustworthy reporting reflect her commitment to delivering insightful news content. Beyond journalism, she enjoys exploring new cultures through travel and pursuing outdoor photography
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