Dow at 12,000: Obama must really be a socialist now
by Jed Lewison (Dailykos.com)
Wed Jan 26, 2011 at 08:48:03 AM PST
Remember when conservatives (yes, including you Joe Scarborough!) blamed President Obama for crashing the stock market, even though he'd only been president for about two months? Well, now, two years later, the Dow Jones has touched on 12,000 for the first time since the Bush-Republican recession.For those of you keeping score at home, the Dow closed at 7,949 on Bush's last day in office. That means it's gone up 50% since President Obama's inauguration.Clearly, that's socialism run amok...liberal thugism on the loose. Oh, for capitalism's good old days when Bush and the GOP steered it straight to the edge of oblivion.