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(53,061 posts)It took the Dow Jones 126 years to get to 6700 and in three years the President has been in office it has gained 6700.
During the same time Japan has drifted into further, Europe is on the precipice of another great collapse.
General Motors has gone from bankruptcy to the largest car manufacturer in the world.
Unemployment, a lagging indicator has made a steady improvement.
The "Economy" has been the most over rated fixture of political decision in modern history. President Clinton oversaw the greatest economic growth in history, the greatest reverse of deficit to surplus and the greatest increase of personal income in history, and he was impeached.
Elections are more about posturing of mythology than anything else, sometimes the economy is part of that mythology.
A few months ago I talked to the owner of a contractor that was working in different municipalities fulfilling contracts directly related to projects detailed under the stimulus. In a down economy he was prospering. I remarked that the people in this area had received more stimulus than any other area and yet they would vote against him because he was so pro-Gay. He responded, "I don't know about that, all I know is that he is a Goddamned Communist." When your African American nothing is ever going to be just about 'the economy".