Wednesday, July 16, 2008

Politics Has an Effect on the Economy

Bush removes Executive Order restricting off-shore oil drilling.

Almost immediately...

...Oil falls $6 a barrell..

.. and dollar rises...

.. and DOW gains 280 points.

Coincidence? I don't think so. Actions by the government can have both negative and positive effects on our economy. Almost always positive when it gets out of the way.

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