Sean Hannity and Rush Limbaugh continue to suggest that President-elect Barack Obama is to blame for the decline in the stock market, referring to the state of the stock market as an "Obama recession." In fact, analysts have refuted the proposition that the market decline has anything to do with anticipation of Obama's presidency.The analysis they site? Fox News and the Wall Street Journal. Take a look.
Or as Keith put it:
Obama won't be President until two months from next Thursday. Republicans have been overspending and under regulating us into the toilet for eight years and the President-Elect has been warning about a recession for a year while the Republican candidate kept saying that the fundamentals of the economy were strong. And it's THE OBAMA RECESSION.The Crazie.