Dr. Stephen Morris DDS wrote on June 8: “In May, the stock market (probably the leading indicator of the health of the U.S. economy ) had the most “down days”, since 1956.”
I do not think that choosing one month out of the 41 months that Obama has been president gives any indication of how he has handled the disastrous economy that was handed to him by Bush. During Obama’s first term the Dow has gone up 58 percent (up until Friday’s close of 12,554). The Dow was down 1 percent and 24 percent during the two preceding presidential terms when Bush was at the helm, even with the “stimulating,” deficit-raising Bush tax cuts.
Arthur Finkel
Great Neck
