President Obama is being blamed for a Bear Market that started far before he was elected. Bush administration
Former Secretary of Labor Robert Reich said the fall in stock prices since Obama's inauguration was caused by the policies of former President George W.
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Bush, and that the housing and financial bubbles, as well as the decline in the stock market, all began under Bush's Presidency. Blaming the Barack Obama administration
Editorials in the Wall Street Journal blamed this on Obama's economic polcies.
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In a September 13, 2008 editorial, the Journal had predicted that an Obama presidency would be very damaging to the economy. Financial expert Jim Cramer stated, "This is the greatest wealth destruction I've seen by a president." wowOwow financial columnist Liz Peek said the stock market gave Obama a grade of 'F.'
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