# Repubs have biggest gain since before WWII... **URL:** \ **Category:** Great Debates\ **Created:** [November 3, 2010, 3:34pm UTC](https://boards.straightdope.com/t/repubs-have-biggest-gain-since-before-wwii/559333 "2010-11-03T15:34:04Z")\ **Posts on this page:** 10\ **Page:** 4
**Author:** ![gonzomax](https://avatars.discourse-cdn.com/v4/letter/g/e8c25b/32.png) [@gonzomax](https://boards.straightdope.com/u/gonzomax)\ **Post date:** [November 4, 2010, 7:46pm UTC](https://boards.straightdope.com/t/repubs-have-biggest-gain-since-before-wwii/559333/61 "2010-11-04T19:46:26Z")
> [@Burton](#): > > The current administration has been very good for Wall Street despite the rhetoric. Now when we’re facing probable political gridlock things may not so rosy for the financial industry. The DOW went from about 750 to nearly 1200 with Obama in ,and all they do is bitch. ---
**Author:** ![gonzomax](https://avatars.discourse-cdn.com/v4/letter/g/e8c25b/32.png) [@gonzomax](https://boards.straightdope.com/u/gonzomax)\ **Post date:** [November 4, 2010, 7:51pm UTC](https://boards.straightdope.com/t/repubs-have-biggest-gain-since-before-wwii/559333/62 "2010-11-04T19:51:01Z")
> [@ralph124c](#): > > I see it as a massive repudiation of Obama and the Congress as well (11% favorability rating!:eek:). > The guy (Obama) seems to sare little about public opinion (witness his $200,000,000/day trip to India)-how’s that for deficit fighting! > The most important thing-the all-important house committe chairmaships now go to Republicans-so Obama willbe stymied in his attempts to push his socialist agenda. > Look for two things next year: > -Obama becoming powerless > -another whipsaw election in 2010-if unemployment stays above 7% Unemployment will stay above 7 percent for a long time. We can not return to low budgets and low deficits of the Dems and Clinton. The Repub policies do not improve employment. The socialism of the rich will continue. They can take great risks and get tax payer money if they fail. It is good to be plutocrat. ---
**Author:** ![Shodan](https://avatars.discourse-cdn.com/v4/letter/s/9f8e36/32.png) [@Shodan](https://boards.straightdope.com/u/Shodan)\ **Post date:** [November 4, 2010, 7:56pm UTC](https://boards.straightdope.com/t/repubs-have-biggest-gain-since-before-wwii/559333/63 "2010-11-04T19:56:20Z")
> [@gonzomax](#): > > The DOW went from about 750 to nearly 1200 with Obama in ,and all they do is bitch. I think you might be missing a zero or two, there. Regards, Shodan ---
**Author:** ![gonzomax](https://avatars.discourse-cdn.com/v4/letter/g/e8c25b/32.png) [@gonzomax](https://boards.straightdope.com/u/gonzomax)\ **Post date:** [November 4, 2010, 8:37pm UTC](https://boards.straightdope.com/t/repubs-have-biggest-gain-since-before-wwii/559333/64 "2010-11-04T20:37:13Z")
> [@Shodan](#): > > I think you might be missing a zero or two, there. > > Regards, > Shodan one ---
**Author:** ![Shodan](https://avatars.discourse-cdn.com/v4/letter/s/9f8e36/32.png) [@Shodan](https://boards.straightdope.com/u/Shodan)\ **Post date:** [November 4, 2010, 8:53pm UTC](https://boards.straightdope.com/t/repubs-have-biggest-gain-since-before-wwii/559333/65 "2010-11-04T20:53:42Z")
> [@gonzomax](#): > > one So which are you claiming - that the Dow was at 750 when Obama took office, or that it is 1200 now? Regards, Shodan ---
**Author:** ![gonzomax](https://avatars.discourse-cdn.com/v4/letter/g/e8c25b/32.png) [@gonzomax](https://boards.straightdope.com/u/gonzomax)\ **Post date:** [November 4, 2010, 9:06pm UTC](https://boards.straightdope.com/t/repubs-have-biggest-gain-since-before-wwii/559333/66 "2010-11-04T21:06:24Z")
Well sparky, the Bush mess brought it down to 6547 in March 2009. It is now close to 12000. Why would investors not be happy with Obama? ---
**Author:** ![Shodan](https://avatars.discourse-cdn.com/v4/letter/s/9f8e36/32.png) [@Shodan](https://boards.straightdope.com/u/Shodan)\ **Post date:** [November 4, 2010, 9:12pm UTC](https://boards.straightdope.com/t/repubs-have-biggest-gain-since-before-wwii/559333/67 "2010-11-04T21:12:32Z")
I see you found your missing zero - good for you. Did you ever figure out where the money from the Social Security IOU fund went? Or is it like paying interest on a mortgage? Regards, Shodan ---
**Author:** ![Beware\_of\_Doug](https://avatars.discourse-cdn.com/v4/letter/b/278dde/32.png) [@Beware\_of\_Doug](https://boards.straightdope.com/u/Beware_of_Doug)\ **Post date:** [November 4, 2010, 9:59pm UTC](https://boards.straightdope.com/t/repubs-have-biggest-gain-since-before-wwii/559333/68 "2010-11-04T21:59:47Z")
> [@BlinkingDuck](#): > > What puzzles me is that the Republicans ran on a cut government spending/create jobs/keep taxes low for the wealthy… > > …and the market is down. Stocks always gain a little when layoffs are announced. It means companies are going to let more money drop to the bottom line. I’m guessing if there’s a possibility joblessness will go down, stocks will go down, too. ---
**Author:** ![Chief\_Pedant](https://avatars.discourse-cdn.com/v4/letter/c/a6a055/32.png) [@Chief\_Pedant](https://boards.straightdope.com/u/Chief_Pedant)\ **Post date:** [November 5, 2010, 1:11pm UTC](https://boards.straightdope.com/t/repubs-have-biggest-gain-since-before-wwii/559333/69 "2010-11-05T13:11:27Z")
> [@BlinkingDuck](#): > > …and the stock market is down. > > OBVIOUSLY the markets hate the idea of Republicans having such a gain. This is kind of a small-time investor retail view of “the markets” and I can’t tell if it’s tongue in cheek or not. Right now I’d say “the markets” have no net opinion, and that the idea that the markets simply look at Dems v Republicans is yesterday’s news. It appears to me the election turned out about as expected, which would mean the results were already factored in. But there’s so much other crapola going on that neither the Dems nor the Republicans know how to unwind it, and so the markets don’t really know right now who and what are going to get job growth going again. As an indicator of how topsy-turvy things are, look at the behaviour of gold. Money is as cheap as it’s been for half a century; one fear is asset devaluation (especially with houses, which drives a lot of retail spending) and yet gold is at a decades high (because of fears, I think, that currency itself is in a huge bubble, and interest rates have to rise Real Soon Now). That’s really weird. ---
**Author:** ![gonzomax](https://avatars.discourse-cdn.com/v4/letter/g/e8c25b/32.png) [@gonzomax](https://boards.straightdope.com/u/gonzomax)\ **Post date:** [November 6, 2010, 1:34am UTC](https://boards.straightdope.com/t/repubs-have-biggest-gain-since-before-wwii/559333/70 "2010-11-06T01:34:49Z")
> [@Shodan](#): > > I see you found your missing zero - good for you. > > Did you ever figure out where the money from the Social Security IOU fund went? Or is it like paying interest on a mortgage? > > Regards, > Shodan It does not exist except in a twisted conservative mind. The 2.3 trillion is owed to SS. It has much more money paid in than they pay out. it will be solvent at 100 percent for another 39 years. [Previous page](https://boards.straightdope.com/t/repubs-have-biggest-gain-since-before-wwii/559333.md?page=3)