Why, you ask, is the Dow over 10,000 and increased even as unemployment in America and around the World is so high? Because it's forgotten that the American economy had actually shrank for a period of almost two years until the Economic Stimulus package pumped enough money into the economy to fuel growth in overall Gross Domestic Product.
The United States lost so many jobs and consumer demand decreased so much that what we have now is a smaller economy. The Dow Jones reflects how businesses are doing within the current structure, it doesn't factor in such considerations as long term or short term economic change.
The Dow Jones reflects how investors evaluate the economy at the moment. Today, investors are taking a bullish bet on the economic future of America and the World.
But what the Obama Administration and Democrats need to do is keep trying to pass legislation that helps American small business, even as Republicans vote down the proposals. Also, tell people about those proposals and Republican opposition to them.
And forget the polls, which this corner believes are fixed anyway.
More on that later.
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