One of the main puzzlements for me over the years of the Obama administration has been the reality disconnect between the commentary on places like CNBC (aka Fox News Lite) about how bad Obama is for business and the markets, and what the actual facts are: record profits in almost all industries and a stock market that has risen more than 60%.
Okay, so here's my problem. The stock market has pretty much steadily increased during the Obama presidency. It was around 8,200 when he took office in January 2009. On the day of the first debate October 3 it was around 13,500. Well, since then Romney's poll numbers have steadily improved and the Dow has steadily gone down. I thought it was supposed to go the other way. Someone let me know if Joe Kernen and the other Obama haters on CNBC have explained this. Maybe someone else can.
I may have to unretire if Romney's poll numbers keep improving.
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