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By Jeremy Schiffres, Daily and Sunday Freeman, Kingston, N.Y.

Wednesday, March 24, 2010

The markets don't lie

Opponents to the nation's new health care reform law argue it will devastate the fragile U.S. economy.

They say it will hurt corporate America's bottom line by forcing employers to insure everyone and that it will bring hiring to a standstill because companies won't want to take on the financial burden that new employees will bring.

So it's safe to assume Wall Street investors have been dumping stocks since the bill was approved on Sunday, as they always do when the sense the economy is at risk.

Let's check the numbers ...

Dow Jones industrial average on Monday: Up 42 points.
Dow Jones industrial average on Tuesday: Up 102 points.

So much for that argument.

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