We know that CNN is trumpeting the rise of the Dow Jones to a new trading high today, but let’s not forget some information about the previous high that I verified from this link (curious that this is a “winger” site).The all-time high on the Dow is 11,722.98, reached in January 2000.Also, this reminds us of is how far the Dow has fallen (to a low of 7286.27 just about four years ago).
So, instead of pointing out just how prices have fallen and risen across the board for various exchanges and commodities for the last week or so, how about if CNN provides a little context and reports on the recovery of the Dow from the Clinton-era highs and the Bush-era lows (yes, I know I’m so naïve to hope for that).
Also, this provides some information on the economic impact of the Clinton Administration that was pretty even handed, I thought. Here also is a Think Progress link to more freeper propaganda about how Bush's tax cuts supposedly helped the economy.
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