It means he shut his mouth and stopped doomesdaying the economy. President has to be a cheerleader. You can't preach doom and gloom and expect investors not to flock to cash and PM's.

Obama is now learning that. Not to mention, they are looking at that numbers now, soberly, and they aren't that bad. The market will come back. Always does.
God forbid we should have a president that talks to us like grown ups. Because talking down to us like we are 5 year olds, hiding things from us, and making us beleive in the tooth fairy are much more productive, right?

Meh.

The president should not be a cheerleader to the detriment of the truth. That is partly what got us here to begin with.

You might like being lied to, but I don't.