Food prices up, Unemployment up, Government borrowing up, foreclosures up, House sales down, mortgage funding down, .... this is a slump..
Click BBC pic from today to enlarge and see where your 401K / Pension / Annuity has gone.
WSJ today The Obama Economy
As the Dow keeps dropping, the President is running out of people to blame.
"As 2009 opened, three weeks before Barack Obama took office, the Dow Jones Industrial Average closed at 9034 on January 2, its highest level since the autumn panic. Yesterday the Dow fell another 4.24% to 6763, for an overall decline of 25% in two months and to its lowest level since 1997. The dismaying message here is that President Obama's policies have become part of the economy's problem."