Dow cracks 8,000. Obama reigns supreme.

Is it the reverse "head and shoulders" effect?. Will GOPs start rethinking their absence from the recovery effort?
IS the recession bottoming?

I guess the recession is over. Im glad, I was getting worried.

Yep, no need to worry about the 663000 jobs the economy shed last month...the stock market's up! Obama's doing a fine job....clearly the stimulus plan is working...

wait a minute...the stimulus plan was designed to create jobs, not line the pockets of stock traders and the rich...Maybe Obama's not doing so well after all...

That's some seriously funny bullshit... untrue, but funny.

A) This is thread intended to make fun of Gungasnakes insistence that a lowered Dow meant Obama was unpopular or a failure.
B) Higher stock prices inject capital into the economy, which means that companies can expand again.

So basically, you fail twice. Once at humor and once at economics.

I think slkshock7 makes a good point on the unemployment figures. Seriously. Total unemployment and jobs lost keep increasing, and the Dow keeps rising. Could it be the market knows something that we don't? Maybe paper shuffling, financing, and stock trading are the real economy, and those of us holding what we consider to be "real, and productive" jobs are just plain wrong. If so, most of us are in for a rough ride.

The stock market has always been a leading indicator. As you recall the DOW started downward even during the period when Bush was denying that we were even IN a recession.

And my point is that you can't give credit to Obama for any upturns in the stock market unless you also give him credit for the downturns in the jobs market. Either the man has it all or he has nothing.

Of course, the same argument applies (but in reverse) to Gunga.

Yes, that's exactly my point (to Gunga) as well. It's the whole point of the thread. Thank you.

Sorry 'bout any confusion....I've got Gunga on my ignore, so only saw yours.