Forum Post: DJIA - flat growth for a decade
Posted 12 years ago on Oct. 29, 2011, 2 p.m. EST by velveeta
(230)
This content is user submitted and not an official statement
Between 1975 and 2000, the DJIA grew from around 600 points to 12,000 points. That's major growth. 25 years of a steady upward staircase.
Since 2001 (the year GWB took office) the DJIA has been essentially flat, or a sawtooth pattern. In late 2000, the DJIA was around 11,000 points. Yesterday the media was crowing about the DJIA closing at 12,231.
This is the 1% skimming, not investing. Since GWB took office, there hs been a systematic attack on the liberal middle-class. Loss of rights, devalued homes, decimated retirement funds, etc...
The POTUS is a puppet. Blame the ones who keep electing democraps and republicons.