Barack Obama – Economy is better than you think

[babsbunny]

http://fwix.com/columbus/share/df91232376/barack_obama_economy_is_better_than_you_think?referrer=http%3A%2F%2Frawstory.com%2F

Submitted by Derek K on Sun, 07/10/2011 - 10:36am.

What a difference a few months make. Just two months ago President Obama announced Osama bin Laden was dead. Then just a few weeks later it was announced that Chrysler had repaid its bailout loans. It was proof that the stimulus worked. The automotive industry is healthier than ever and hundreds of thousands of jobs have been saved.

On Friday it was announced that job growth was smaller than expected. People began panicking. But if one looks at the numbers, the economy is doing much better than people are being led to believe.

On the same Friday the low job growth numbers were released, the Dow Jones finished at 12,657 points. For anyone who follows the stock market, until the beginning of this year, the Dow Jones has NEVER been over 12,000 points. In the last six months it has risen an astonishing 600 plus points. This number may fall somewhat, but it will be down from record highs.