From the President's press conference on the economy yesterday.
"The stock market is story of like a tracking poll in politics. It bobs up and down day-to-day," Obama said. "And if you spend all your time worrying about that, then you're probably going to get the long-term strategy wrong."
Obama said he is not measuring policies against "the day-to-day gyrations of the stock market," but by whether lending is flowing more freely, businesses are investing and the unemployed are going back to work."
What amazing tone-deafness you've got there Mr. President. I mean are you kidding me!? First of all, we have not see "bobs up and down"... we've seen one bob, and that bob has been down... WAY down for the entire Obama Presidency. and to call the greatest destruction of personal wealth in world history a "day-to-day gyration" is not just stupid, it's insulting.
And another thing... the market is not a "tracking poll" you collossally arrogant Prick, it's people's money! Their life savings in many cases.
This is money that people were counting on Mr. President, and it's gone... maybe forever. At least behave like you understand that, even if you don't.
UPDATE: Jim Cramer's response is devastating.
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If George W. Bush had said something as stupid as that, the media would have hounded him for it. Instead, it's treated as "move along, nothing to see here" by the MSM. They are simply pathetic. How much longer will they attempt to hide the collapse of the economy?
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