The Obama Effect

WASHINGTON – American Crossroads released the graph and statement below in response to President Obama’s vanity press conference (and ensuing market rout) this afternoon:

The Obama Effect

Steven Law, president and CEO of American Crossroads, said this in response to Obama’s press conference, and subsequent market rout: “If anything, President Obama’s saber-rattling on raising taxes and even more debt-financed spending drove the market down even further.  If Obama can just cut out the vanity pressers for a while, that would be a positive step toward pulling out of this nosedive.”


American Crossroads is a non-profit 527 political organization dedicated to renewing America’s commitment to individual liberty, limited government, free enterprise and a strong national defense through informed and effective political action. American Crossroads seeks to educate and empower citizens to hold lawmakers and office-seekers accountable for where they stand. Paid for by American Crossroads. Not authorized by any candidate or candidate’s committee.

For more information or to arrange an interview, contact Jonathan Collegio at [email protected] or (202) 559-6424.