{"id":71138,"date":"2009-12-08T11:57:00","date_gmt":"2009-12-08T16:57:00","guid":{"rendered":"http:\/\/www.businessinsider.com\/obamas-speech-and-promises-to-small-business-provides-no-lift-to-stocks-2009-12"},"modified":"2009-12-08T11:57:00","modified_gmt":"2009-12-08T16:57:00","slug":"obamas-speech-and-promises-to-small-business-provides-no-lift-to-stocks","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/71138","title":{"rendered":"Obama&#8217;s Speech And Promises To Small Business Provides No lift To Stocks"},"content":{"rendered":"<p>The market was headed lower early on, but Obama&#8217;s speech to the Brookings Institute provided no help. He even promised to eliminate capital gains taxes for small businesses &#8212; theoretically a real supply-side stimulus idea &#8212; but that was no help.<\/p>\n<p>So does the market not like Obama? No, that&#8217;s not the answer. The answer is that the market doesn&#8217;t move on what Presidents say, and if people think otherwise, they&#8217;re probably seeing the world through ideological blinders.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/static.businessinsider.com\/~~\/f?id=4b1e854c0000000000913830&amp;maxX=605&amp;maxY=234\" border=\"0\" alt=\"chart\" width=\"605\" height=\"234\" \/><\/p>\n<p><a href=\"http:\/\/www.businessinsider.com\/obamas-speech-and-promises-to-small-business-provides-no-lift-to-stocks-2009-12#comments\">Join the conversation about this story &#187;<\/a><\/p>\n<p><b>See Also:<\/b><\/p>\n<ul>\n<li><a href=\"http:\/\/www.businessinsider.com\/proprietors-income-quarterly-2009-10\">Small Business Income Has Fallen Off A Cliff<\/a><\/li>\n<li><a href=\"http:\/\/www.businessinsider.com\/survey-only-20-of-small-business-owners-think-the-worst-is-over-2009-11\">Only 20% Of Small Business Owners Think The Worst Is Over<\/a><\/li>\n<li><a href=\"http:\/\/www.businessinsider.com\/small-business-expansion-plans-2009-10\">Small Business Expansion Plans At The Lowest Level In Years<\/a><\/li>\n<\/ul>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~r\/TheMoneyGame\/~4\/_cF8z4KLoQw\" height=\"1\" width=\"1\"\/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The market was headed lower early on, but Obama&#8217;s speech to the Brookings Institute provided no help. He even promised to eliminate capital gains taxes for small businesses &#8212; theoretically a real supply-side stimulus idea &#8212; but that was no help. So does the market not like Obama? No, that&#8217;s not the answer. The answer [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-71138","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/71138","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=71138"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/71138\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=71138"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=71138"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=71138"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}