20. Exactly. Most Americans react to their own personal economic situation
...not to what the bloody stock market says.
For the majority of Americans the stock market is good for one thing: letting us know how well the economy is doing. BushCo has been fudging those numbers for years in order to give us a false sense of security (i.e. "all's fine, keep spending") and to defuse disapproval of their handling of the economy. It's been well-played but they were never going to hide the truth forever...People know when their dollar isn't going as far as it used to. They're catching on now -- too late for sure, but it's one of the reasons Bush**'s numbers are tanking.
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