When President Obama dismissed a decline of the Dow from 9,625 on Election Day to 6,763 on March 2 as something akin to a tracking poll, the vast middle class suddenly saw how alienated their concerns were from Obama’s concerns.
Obama had almost no money until he received $4 million dollars in book royalties in 2007. He has always worked for the government or non-profit entities. He is relatively young.
I realized that in the White House, Obama doesn’t deal with what I do: Scared secretaries with tears in their eyes coming in to ask for advice when they see 401-K statements down by 25 percent since Election Day.
Obama seems unconcerned with a divorced woman approaching retirement age looking at her 401-K statement and realizing that her plans to retire and spend time with her church and her grandkids are gone.
I wonder how the president would answer his salesman who, after never asking for a dime in his whole life, asks for a loan, because he had promised his children that he would pay his grandkids’ college tuition and he hasn’t the foggiest idea how he is going to do that now.
Is The President Inept?
Obama doesn't understand the stock market. A small business owner writes:
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