Crush Liberalism

Liberalism: Why think when you can “feel”?

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:

  • During a Democratic presidential administration with a Republican Congress, the Dow soared to record highs;
  • During a Republican presidential administration with a Republican Congress, the Dow soared to record highs;
  • During a Republican presidential administration with a Democratic Congress-in-waiting, the Dow is continuing to soar to record highs.

    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!

    November 16, 2006 - Posted by | Uncategorized

    • No comments yet.

    Leave a Reply

    Fill in your details below or click an icon to log in:

    Gravatar
    WordPress.com Logo

    You are commenting using your WordPress.com account. ( Log Out / Change )

    Twitter picture

    You are commenting using your Twitter account. ( Log Out / Change )

    Facebook photo

    You are commenting using your Facebook account. ( Log Out / Change )

    Cancel

    Connecting to %s

    « Previous | Next »

    Follow

    Get every new post delivered to your Inbox.

    Join 32 other followers