What An Economy!
Some great news, which no doubt will be ignored by the MSM:
Without much fanfare, the Dow Jones Industrial Average is closing in on its all-time high, set at the beginning of 2000 before Americans became disenchanted with stocks and turned to real estate.
Despite soaring oil prices, the Dow, watched as a barometer of the economy and Main Street, has regained more than 4,000 points that slipped away after the dotcom bust and the 2001 recession. Now, the average is closer than it's ever been to its Jan. 14, 2000, high of 11,723 - a number that brings back memories of taxi drivers talking about their stock portfolios and a book predicting a 36,000 level for the Dow.
Say what you will about Bush, his tax cuts certainly did the trick. Now, he and the rest of the Republicans need to get this news OUT. We in the blogosphere can only do so much...he really has to use his bully pulpit and pound this message. The economy is *roaring*, and for some reason many people think we're on the brink of a depression.
JASmius adds: Brian Wesbury concurs....
Without much fanfare, the Dow Jones Industrial Average is closing in on its all-time high, set at the beginning of 2000 before Americans became disenchanted with stocks and turned to real estate.
Despite soaring oil prices, the Dow, watched as a barometer of the economy and Main Street, has regained more than 4,000 points that slipped away after the dotcom bust and the 2001 recession. Now, the average is closer than it's ever been to its Jan. 14, 2000, high of 11,723 - a number that brings back memories of taxi drivers talking about their stock portfolios and a book predicting a 36,000 level for the Dow.
Say what you will about Bush, his tax cuts certainly did the trick. Now, he and the rest of the Republicans need to get this news OUT. We in the blogosphere can only do so much...he really has to use his bully pulpit and pound this message. The economy is *roaring*, and for some reason many people think we're on the brink of a depression.
JASmius adds: Brian Wesbury concurs....
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