Obama Compares Stock Market Plunge to Campaign Polls

matt-lewis

Matt Lewis

Columnist
Posted:
03/4/09
President Barack Obama is dismissing the recent stock market plunge as a mere "gyration," which is similar to a daily tracking poll on a political campaign:

"And, you know, the stock market is sort of like a tracking poll in politics. It bobs up and down day to day, and if you spend all your time worrying about that, then you're probably going to get the long-term strategy wrong."

Excuse me, but when the stock market "gyrates" up and down, people lose jobs -- and life's savings. Can you imagine the uproar if a Republican president casually brushed-off this stock market plunge and compared the real-world pain Americans are suffering with to a mere political campaign?