Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search
 

graham4anything

(11,464 posts)
6. No, it won't go to zero. Unless one doesn't vote for the democratic party of course.
Thu May 23, 2013, 03:11 AM
May 2013

so depends if one wants to have bragging rights or one wants to have better times for all.

What do bragging rights accomplish?

Another way to look at it-
(just using imaginary numbers)
I bought my house at $150 and sure, it went up in value to over $500 at some point.
But I didn't sell, as I moved here to live here.
So maybe the house is only $400 now
but it never was worth 600 to start with.
And anything over $150 plus what was put into it, plus a small rise, is good.
I don't need to think that if I only get 400 I am losing, when it was never worth 600 at all.

I bet, any other President, and the world would marvel at how great 15,000 is.

and everything is tied into each other.
Ones small house is worth more in a good market, than in a bad market.
one doesn't need to be rich to be rewarded from a good market.

This is what the DOW over 15,000 looks like! [View all] WhaTHellsgoingonhere May 2013 OP
and 8% unemployment with declining wages! yay!!! HiPointDem May 2013 #1
This picture speaks a 1000 words. nt limpyhobbler May 2013 #2
But some people wants to get rid of the Census Bureau. defacto7 May 2013 #4
actually, it is not a good analogy, but it does have flashy colors graham4anything May 2013 #3
"Would it be better for the market to crash again and everyone goes to the bottom" WhaTHellsgoingonhere May 2013 #5
No, it won't go to zero. Unless one doesn't vote for the democratic party of course. graham4anything May 2013 #6
We will indeed learn the answer to that Q soon. It's amazing to me that ANYONE would Nay May 2013 #14
graham, look how awesome the economy was between 2003-2007! WhaTHellsgoingonhere May 2013 #8
look at the stats you just posted- During Jan.2001-Jan.2009 show a drop of 40% graham4anything May 2013 #9
Yes, this goes back to the bubble-bust nature of the stock market, g WhaTHellsgoingonhere May 2013 #10
We are much better now collectively than between 2001-Jan.2009. graham4anything May 2013 #11
and now you *did* make the 'Bill Gates... WhaTHellsgoingonhere May 2013 #15
I agree, we disagree. I do not agree with your answer. graham4anything May 2013 #17
Yeah, who cares that all the gains are going to those who need it the most. EOTE May 2013 #16
the 1% are raking it in while the rest are getting austerity and sequestration. nt msongs May 2013 #7
In 2011 ( this chart) the Dow was closer to 11,000 not 15,000 OKNancy May 2013 #12
The Gilded Age 2.0 JNelson6563 May 2013 #13
Latest Discussions»General Discussion»This is what the DOW over...»Reply #6