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Friday, May 8, 2015

Stocks jump 1% on 'Goldilocks' jobs report; Dow adds triple digits

From a story located at:
http://www.msn.com/en-us/money/markets/stocks-jump-1percent-on-goldilocks-jobs-report-dow-adds-triple-digits/ar-BBjqmUd?pfr=1

My comment:
This is outstanding economic performance. Considering the Economy President Obama inherited, this report is very good news. Imagine how good the economy would be if Republicans had not fought tooth and nail against everything the President tried to implement.

Imagine how good the economy would be if Republicans had not exercised total obstructionism during this President's tenure. Imagine how good the economy would be if the Republicans joined with the President for the good of the country.

European style austerity doesn't work. Keynesian style economics does work. Investing from the bottom and trickling up is the answer. If Republicans were in control, they would have duplicated the European model of austerity and we would not see the performance figures we are witnessing today.

Congratulations President Obama. You have done a good job. Now it's up to us, in the next election cycle, to sustain a Democrat model of economic prosperity. Romney's economic philosophy would not have produced today's report. Trickle Down Economics and austerity, promoted by all the Republican Candidates for President, will result in an economic disaster just like the last Republican administration produced.


In 2016, vote Democrat. Republicans don't have the answer.
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