Remember this image?
“Did I do thaaaat?”
You saw it here first in March 2009.
Apropos of today’s stock market plunge, increasing concerns about a double-dip recession, continued bond market and global gloom, anemic jobs numbers and skyrocketing layoffs, I thought it only fitting to resurrect the graphic of Obama’s Steve Urkel-ization of the economy.
Hey, you know what would help cure America’s ills (besides, you know, more failed big government stimulus/infrastructure spending as usual)?
Not-so-fun fact: “The index has lost more points in the last two weeks than it did after the House initially failed to approve a bailout of U.S. banks at the height of the financial crisis in 2008…After morning trading on Thursday, the Dow had lost over 1,000 points since July 25, the first day of trading after talks between President Obama and Speaker John Boehner (R-Ohio) on a big debt deal broke off. By comparison, the Dow lost 819 points on Oct. 6, 2008, when the House failed to approve the Troubled Asset Relief Program (TARP).”