Hurray, the stock market is almost back to where it was Jan 2, 2001

[Guckert]

When Bush stole the office the Dow was at
10,646.20
Today it closed at
10,623.07

4 years, 6 months later and is the market is STILL not quite back to EVEN!!!!

What a stellar economy Bush has given us.

[wakeme2008]

1. And people still voted for him

Grrrrrrr...

[Tandalayo_Scheisskopf]

2. The Stock Market is not the economy.

It is simply one element of it. In 2000, we did not have the rampant offshoring of jobs, the unemployment, the erosion of real wages and the fuel prices we have today. I submit that there is a disconnect between the state of the stock market and the overall state of the US economy.

[paula777]

5. I agree with you here - I'm wondering when the 'disconnect' is going to

be exposed.... and what will happen once it is.

[Career Prole]

6. You can say that again!

"I submit that there is a disconnect between the state of the stock market and the overall state of the US economy."

Irrational exuberance. :shrug:

[indepat]

3. W's performance should be the performance assumed for private accounts

[Guckert]

4. Bill started at 3309 and ended at 10 646. see the difference???

[yankeedem]

7. It's even worse than that

the S%P 500, which most people agree is a wider look at the market (Dow Jones is just 30 stocks), was at 1342 on Black Saturday.

http://finance.yahoo.com/q/hp?s=%5EGSPC&a=00&b=20&c=2001&d=00&e=23&f=2001&g=d


Today, it closed at 1216. So it is down nearly 10% since * took office.

You do get some dividends, but the stock market is cherry picked, the stocks like Enron and Worldcom that went bankrupt and really tanked are pulled from the index.

[Tandalayo_Scheisskopf]

9. Quite telling.

I have a friend that day-trades the S&P index. Plays very small shifts of the graph. It's all a game and it really doesn't go much of anywhere.

It's a casino. That's all it is.

[BlueIris]

8. I noticed the parallel, too. (stomach ache) nt.