… so does that mean when it's up, he gets the credit?
Well, not as far as the GOP and the Wall Street Journal are concerned, of course.
(Note: market behavior is a piss-poor means of measuring economic performance, especially in the short run. But we're talking consistency here, not accuracy.) #ddtb
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The Maddow Blog – Use and misuse of stock-market metrics
The major U.S. stock market indexes have fared quite well lately — they showed modest gains again today — which reminded me of an editorial the Wall Street Journal ran in early March 2009.
