Saturday, April 22, 2006

Highs and Lows

It's passing strange that Democrats still complain about a weak economy with unemployment so low and the Dow so high:

Blue chips gained Thursday, pushing the Dow industrials to their highest close since January 2000, amid solid earnings from GM and a retreat from record oil prices.

The Dow Jones industrial average (up 64.12 to 11,342.89, Charts) rose 0.6 percent, closing at its highest point since Jan. 20, 2000, when the blue-chip indicator finished at 11,351.30. It's also within sight of its all time high of 11,722.98, reached on Jan. 14, 2000.

Maybe the Dems are just hoping that nobody's paying attention. They might be right. The Dow is approaching its highest level ever while Bush's approval ratings are sinking to among the lowest ever. We have a booming economy under the aegis, according to Sean Wilentz at Rolling Stone, of the worst president ever. Go figure.