Because what you describe is a fairytale, not an ounce of truth to it. Don't which blog or chain email you dredged it from but it uses the snapshot approach favored by neocons to manipulate the outrage of the moronic right. Maybe you just posted an old article but the DJIA has more than doubled from its intraday low of 6500 in March of 2009. The Euro was trading at 1.3 Euro to the Dollar in January, 2009. Today its trading at 1.3 Euro to the Dollar, up off its 2010 low of 1.2 Euro to the Dollar.How is driving up prices and increases taxes on the working middle class helping the poor or the economy?
According to CNBC Financial News, the stock market has gone up by 30% since Obama was elected to office. People in Europe are now using their currency to buy cheap dollars. They then use these dollars to invest in the U.S. stock market and this drives up the value of U.S. stocks for everyone who owns them.
How is this helping the poor and the economy?
Hi Carol, snowed here yesterday.