| | On July 8, 2009, Jim Cramer on ''Mad Money'' again graded the performance of Obama's administration and economic policies against the performance of the stock market. He commented, "The same force that so hurt the markets this [[winter]] has yet again reared its ugly head: the [[White House|White House’s]] anti-business rhetoric. [...] Investors don’t seem to trust President Obama to create jobs and stimulate the economy, not when he prioritizes [[global warming|climate change]] and [[ObamaCare|health care]]." Moreover, the ''Mad Money Obama Accountability Index'' score had dropped to 96.1 from its starting point of 100.<ref>[http://www.cnbc.com/id/31802202/site/14081545 Cramer: Obama Hurting the Economy], CNBC, July 8, 2009.</ref> He urged Obama to postpone his agenda in favor of boosting the economy. "Without more job creation," Cramer said, "the president’s agenda and his tone will continue to slowly and inexorably squeeze the life out of this stock market."<ref>Rush Limbaugh. [http://www.rushlimbaugh.com/home/daily/site_031009/content/01125108.guest.html The Founders Wanted Presidents to Fail If They Deserved To Fail], RushLimbaugh.com, March 10, 2009.</ref> | | On July 8, 2009, Jim Cramer on ''Mad Money'' again graded the performance of Obama's administration and economic policies against the performance of the stock market. He commented, "The same force that so hurt the markets this [[winter]] has yet again reared its ugly head: the [[White House|White House’s]] anti-business rhetoric. [...] Investors don’t seem to trust President Obama to create jobs and stimulate the economy, not when he prioritizes [[global warming|climate change]] and [[ObamaCare|health care]]." Moreover, the ''Mad Money Obama Accountability Index'' score had dropped to 96.1 from its starting point of 100.<ref>[http://www.cnbc.com/id/31802202/site/14081545 Cramer: Obama Hurting the Economy], CNBC, July 8, 2009.</ref> He urged Obama to postpone his agenda in favor of boosting the economy. "Without more job creation," Cramer said, "the president’s agenda and his tone will continue to slowly and inexorably squeeze the life out of this stock market."<ref>Rush Limbaugh. [http://www.rushlimbaugh.com/home/daily/site_031009/content/01125108.guest.html The Founders Wanted Presidents to Fail If They Deserved To Fail], RushLimbaugh.com, March 10, 2009.</ref> |
| − | Since July, 2009, the S&P 500 increased back to levels that the stock market was at approximately around the time of Obama's inauguration; however, only five of the six stocks in the Obama Accountability Index increased, G.M.'s stock now represents the company's bankruptcy estate, and has thrashed the OAI. Because so much time has passed since Cramer's previous update on Obama's stock index, it has been argued that he quietly dropped the OAI. Others contend it may resurface during a segment on ''Mad Money'' around the time of Obama's 1-year mark as [[President of the United States]]. | + | Since July, 2009, the S&P 500 increased back to levels that the stock market was at approximately around the time of Obama's inauguration; however, only five of the six stocks in the Obama Accountability Index increased, G.M.'s stock now represents the company's bankruptcy estate and has thrashed the OAI.<ref> Michael J. de la Merced. [http://www.nytimes.com/2009/07/11/business/11shares.html A Stock With Bounce: Investors Stick to G.M.], ''New York Times'', July 10, 2009.</ref> Because so much time has passed since Cramer's previous update on Obama's stock index, it has been argued that he quietly dropped the OAI. Others contend it may resurface during a segment on ''Mad Money'' around the time of Obama's 1-year mark as [[President of the United States]]. |