Remember the recent presidential election?
Sure you do. It was in all the papers.
Anyway, there was talk about how bad the economy was, and that putting a Democrat in office — even a raving socialist like Obama — would bring back the Clinton economy. Remember that?
Well, guess what? It’s happened.
The Dow closed this afternoon at 6725.02. It hasn’t closed that low since April 21st, 1997, when it closed at 6660.21.
That’s when Clinton was president.
At this rate, we’ll soon be a prosperous as we were during the Roosevelt administration, where the Dow peaked at 194.40, on March 10, 1937.
Ah, the good old days.