RE: PRESIDENT BARACK OBAMA AND THE DOW JONES - JULY 21, 2014

2 years ago
25

This video originally uploaded in 2014 https://www.youtube.com/watch?v=no9Rwi6CNuI & is a response to an uneducated janitor from Chicago named McCainisthroughX #mcstupidx

The janitor has a fetish for the Dow Jones & oddly thinks it is an indicator in the health of an economy. There's a lot more to it than that, but she knows nothing aside from some generalized talking points.

The background material

Capital Gains rate (historical)

http://forbestadvice.com/Money/Taxes/Federal-Tax-Rates/Historical_Federal_Capital_Gains_Tax_Rates_History.html

http://www.taxpolicycenter.org/taxfacts/displayafact.cfm?Docid=161

Personal income tax rates (historical)

http://taxfoundation.org/article/us-federal-individual-income-tax-rates-history-1913-2013-nominal-and-inflation-adjusted-brackets

Federal Reserve Funds rate (historical)

http://www.newyorkfed.org/markets/statistics/dlyrates/fedrate.html

http://www.fedprimerate.com/fedfundsrate/federal_funds_rate_history.htm

Federal Reserve low interest rates are harming, not helping

http://washingtonexaminer.com/study-quantitative-easing-has-saved-us-1-trillion-in-debt/article/2539130

http://www.federalreserve.gov/monetarypolicy/bst_recenttrends.htm

http://www.cato.org/policy-report/mayjune-2013/federal-reserves-unsound-policies

http://www.american.com/archive/2012/november/lenders-and-spenders-confronting-the-political-reality-of-debt

http://mises.org/daily/3788

http://mises.org/daily/6538/Fear-the-Boom-Not-the-Bust

http://www.whitehouse.gov/sites/default/files/omb/budget/fy2015/assets/hist07z1.xls

http://www.cato.org/blog/federal-reserve-vs-small-business-0

http://www.marketwatch.com/story/how-the-fed-is-hurting-seniors-2014-03-21

Seniors, like government & almost everyone else are accumulating more debt

https://web.archive.org/web/20140202122902/https://ncpa.org/pub/ib135

Dow Jones (historical)

http://www.google.com/finance?cid=983582

http://stockcharts.com/freecharts/historical/djia1900.html

A great video covering several topics, but it covers DJIA historical output in detail

https://www.youtube.com/watch?v=JbCXdLtcc1M

Federal Unemployment Data, economic data & civilian labor force participation rates

http://data.bls.gov/cgi-bin/surveymost?ln

http://data.bls.gov/timeseries/LNS11300061

http://beta.bls.gov/dataViewer/view/timeseries/LNS11300164Q

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