Do you think President Obama’s administration will make the stock market crash?
（The stock market is headed towards the lowest average in a decade. This is during the Obama administration that’s a fact. It could of went on the upward trend. But as you know since the polls were in his favor during the election the market started to go down.）
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The stock market doesn’t crash because of that. The stock market crashes because businesses are failing. Companies make too much of something, supply and demand goes down, people don’t buy their stuff, business fails. There you go, did you learn something new today? If you want to “blame” someone for the stock market going down, Bush would be the one, since business started going down WAY before Obama took office.
Posted: July 29th, 2010 under US Stock Market.
Tags: stock market crash