The left learns to love the Dow again
During the Clinton years, we were told that Bubba was doing a bang-up (no pun intended) job at managing the economy because the Dow had broken what were then-record highs.
During the Bush administration, we were told that Bush was doing a crappy job at managing the economy and that the Dow record highs were somehow indicative of "evil corporate profiteering", despite that the Dow had plummeted immediately after 9/11/01 to about 6,000 (and is now over twice that high).
Now that Democrats have been elected to control both houses of Congress, the non-sequitirs and inconsistencies are mindboggling: the Dow is continuing its record highs, which is somehow proof that the Dow likes Democrats better.
So let me see if I understand this right:
Yep, makes perfect sense. Wall Street must love the Dems, if you can just ignore that pesky second bullet point above. Hell, and all along I thought the economy in general (and Dow in particular) didn't give a steaming hunk of possum loaf who was in the Oval Office or the Capitol...silly me!
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