Barack Obama told Americans yesterday to take a look at investing in the stock market.
The market has tanked since the day he was elected as the graph above shows.
Asked about the troubles of the stock market, seeming to reflect investor insecurity about the Obama administration's economic plans, the president said he was "absolutely confident that they will work, and I'm absolutely confident that credit's going to be flowing again, that businesses are going to start seeing opportunities for investment, they're going to start hiring again. People are going to be put back to work."
Mr. Obama is “absolutely confident.” Didn’t Captain Smith assure passengers of the Titanic that his ship was absolutely unsinkable?
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