...since George Bush took office, nearly 8 painful years ago. That's a whopping 54 (and change) points a year! 4.5 points a month. That's 1.05 points up a week!!! Onward and upward baby. I feel those profits in my pants now. Heck of a job, Georgie!!!
Foreclosures -- UP! Not just up, at an all-time high!!!! Jobs, hell, come on down, we're givin em away! 6 straight months of job losses. woohoo!
But the economy is strong, that's what I hear...
UPDATED: AS OF DOW CLOSE: okay, so it's a little more than 438 points over 8 years. A little more. 469 as I write. Huge difference. F me. Anyone look at the economic calendar for next week? We have retail sales figures (projected down 50%) PPI (down) Ben Bernanke speaks ("I believe in a strong dollar") IBD Business Optimism survey (anyone, Bueller, anyone?) Crude Inventories (wonder...) more Bernankespeak, FOMC minutes on interest rates, Housing Starts (um, projected down) so, things are pretty much looking gravy...
... where is the frickin outrage? The reportage. How long will the sorry sap on the street buy the line that things are swell?
Why hasn't John McCain, who's stated, "I know nothing about economics" been beaten into the ground with a shovel?
Remember "It's the economy, stupid" and how that worked out?