Obama Already Saved Economy From Bush Death Spiral!!

You even have an inability to read charts as equally as read articles. Let me know when you find a bottom below Nov 20 you tard. 

As you typed the market rose (continue to drop?) and you refused to look and Obama was meeting with the republican and democrat governors in continuation of fashioning a plan.

Of course there will still be ups and downs in the months to come but an intelligent and an adult is in charge now.

You have a business idea. You borrow money, you spend/invest it, you grow, repay (you turn debt or deficit into surplus like in the 90s - dem 8 years). When you are in debt and actually not making anything and you look behind 8 of 10 products you are using and see Made in China. You are already too broke to change things, credit has ceased. You make a plan/business idea. You borrow money.

We have no choice but to borrow now. But it has to be on what will grow and yield returns right here. The problem with borrowing and spending 500 billion in Iraq is that we have 0 to show for it because it was not invested here. Same for the trillions in tax cuts to the rich. Most was invested offshore where there were more returns.

That was the only day market rose that much after Obama's announcements.

Click a link to the article or go to djia.com to plot your own chart before making an easy to verify false statement. Four straight days of rising! If we will even deny what is easily verifiable, where does our debate or conversation begin or what will be its foundation if not undisputable facts? That was not supposed to be subject to opinion or made up typed words.

Nobody is going to loan you money when you are already deep in  debt and show no signs of being able to pay it  back.

Good for you then. Your problem is solved. No one will loan the US money for the bailouts. We will have to recover the slow, hard way.

As for Iraq war, while I am not a fan, the 'dividends' was never supposed to be a cash back deal

The purpose is to show that as a source of debt, Iraq grew nothing that will offset its investment. You didnt follow the argument too well. It is a business argument. I am not debating the merit of Iraq (which your bringing up as towards a different kind of gain a contradictory support for borrowing for some gain as long as it is defined what the gains are) but the business consequence of its debt. Sometimes, you also borrow money to make yourself safe (if I must give you an assist on your Iraq point).

The whole argument again in case I wasnt clear is that borrowing money is not always a bad thing (although having enought to not borrow is always anyone's first choice) nor does it have to result in long term debt. Used wisely, it can lead to growth and posperity and eventually surplus. Sometimes, borrowing money is necessary when you are already too much in a hole. Better a live broke man able to drive to work, eat, grow, and repay his debt in future (and hopefully having a plan to do so) than a dead peniless but debtless one (although our situation is even worse than this already since we are already way deep in a hole).

So what if there was 4 straight days of rising, there were many more in the negative.

Not in the 7 day period my article focused on. Those four days were connected to the rollout of the transition team, naming of the new Treasury steward, and disclosure of plans to stimulate the economy, cut taxes, introduce fiscal discipline, and invest in America through states and infrastructure. Economists called it. They know what the markets are reacting to

(When the terrorist struck on 911, makets went down, you can lead a one-man contrarian march to how ambiguous it is to attribute the reason to the attacks, and I will not interupt you. Same thing on Monday after Mumbai. Markets respond to event and what will happen in future through disclosed policy plans.).

There will be more up and down days to come I give you that and many will be due to Obama as he becomes the only responsible head. However, click on the article, and see the chart, the correlation between the sudden consistent upward climb with the four rollout days is clear compared to the nearly consistent downward trend for an entire month prior. Alternatively, make your own cogent suggestion to explain each up and down (or just some) in the chart or use the contrary argument from your preferred republican economist. Its a basic constructive cause and effect question to you.

It hasnt been that short term. It appears those four days definitely marked a V shape on a two month long straight decline.

Others are finally taking note:

http://articles.moneycentral.msn.com/Investing/Dispatch/market-dispatches-120808.aspx?icid=dispatch_081208

Of course, he continues working hard as he should. Its his JOB. There will be no excuses (we wont allow him the luxury that you folks gave the current president, we wont allow him keep saying Bush did Bush that 4 years later, or worse still excuses 8 year later). That's what nearly 70 million Americans were expecting (and many more since the elction).