Thursday, August 4, 2011

DOW DROPS OVER 400 PTS: GOP & Tea Party cure worse than the disease

Just when people were catching their collective breath from the drama that was the Debt Ceiling Crisis, the Dow has dropped over 400 points

This hasn't happened since December 1, 2008.  The day's not over yet, and stocks could claw their way back, but this is a bad day on Wall Street. 

I sure hope holding the nation hostage over no tax increases for the wealthy and the Balanced Budget Amendment was worth it?  Consumer demand is the problem, not Government spending. 



Image found at:  http://4.bp.blogspot.com/-Erp_kcz-pe0/TgS55W98cyI/AAAAAAAAAc4/-Fix6IVWWk8/s1600/ask+Dr_Mom%252C+taking+medicine%252C+children%2527s+health.jpg 

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