From the “Words Mean Things” File
The following is not a comment on the wisdom or value of current economic policy, nor is it to suggestive a simplistic correlation between the Dow Jones Industrial Average and the occupant of the White House. However, anyone who thinks we are in the least bit “anti-capitalistic,” or that the current policies of the federal government are “communistic” need to go read a book (or three).
Via CNN: Dow closes above 15,000.
Here’s the DJIA over the last five years:
Whatever one might wish to say, the investor class is doing quite well (even with the dreaded PPACA destroying the economy, not to mention an increase in top marginal tax rates).