Markets Will Rise and Fall

Reuters – REFILE - CORRECTING SPELLING OF AFGHANISTAN U.S. President Barack Obama walks out to make a statement ...

"Markets will rise and fall," he said. "But this is the United States of America. No matter what some agency may say, we've always been and always will be a triple-A country."

Despite what S&P announced on Friday, that our rating have dropped from triple A to double A plus, Obama wants us to dismiss that information.

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Yes, Obama is correct that markets will rise and fall but, he seems to fail when understanding that governments can help those fluctuations by not allowing them to be so drastic. A booming economy is great until it falls rapidly like we witnessed under the Clinton administration. Downward trends will come and go but, a government can make those trends a little bit easier.

Just living in denial about what is going on with our economy is where Obama resides.