BUSINESS

Why Obama Should Ignore The Dow: Newsweek

04/14/2009 05:12 am 05:12:01 | Updated May 25, 2011

Investment professionals and econo-pundits claiming to speak for Wall Street have been blaming President Obama for the recent run of losses in the stock market. To their minds, investors around the world are giving a daily thumbs up or thumbs down to the administration's manifold policy initiatives. OBAMA'S RADICALISM IS KILLING THE DOW, read the headline of a Wall Street Journal op-ed by Stanford economist Michael Boskin, an official of the first Bush administration.

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