Obama, his supporters and the media are excited that the Dow Jones Industrial Average reached today 10,000. It means that the thirty stocks in the Dow index climbed a lot since the Dow’s 6,500 low back in March.
This is funny, because I remember that just a year ago people on the Left were excited with the Dow’s fall because the “rich” on Wall St, “the wealthy,” were losing money. So… why are they now excited with the Dow’s 10,000? Furthermore, in late ’03, under President Bush, the Dow in a period of just a few months reclaimed 10,000 of its 7,600 low. I do not remember the left calling that a “recovering” economy, and in November ’06 when the Dow was at 12,000, the Left didn’t call it a “good” economy either. In fact, some until today believe that the Dems regained control of congress in November of 2006, in part, due to the “weak” economy.
So again I ask: Why does the left care that the Dow is at 10,000?
