How Low Can It Go?

[Schneed10]

Originally Posted by FRPLG

Agreed. But people ARE panicing in the stock market and many are doing so because of O' policies. I am not saying the policies do matter just that they are affecting people. O seems not to care.

He shouldn't care. If people want to be irrational (ie retarded) and get all panicky and sell, that's their problem. Eventually someone else will come along and buy up those devalued shares, and they will be the ones to reap the rewards when the market goes back up. From a macro level, it's all good for the United States. Some will get panicky and lose by selling now, and others will pick up those shares and gain.

It's up to the people to decide for themselves to be smart or stupid with their money. If they're looking to the President of the United States to determine what the market is going to do, then they're categorically being stupid.