David's Blog of Common Sense

I saw this video today on a post from “Daily Kos”

Biden talks about how it is laughable that McCain said we made great progress in the Bush Years concerning the economy.

Why is this laughable? It is proven that during the Bush Administration we made great leaps in the economy. In 2007 (plenty of time behind the Clinton Administration), the Dow Jones hit an all time high closing at 14,087.55

After 4 years of the Bush Administration we are still higher than ever before, even with the recent decline in the Stock Markets, which is likely due to recent events of natural disasters, and also the fact that it is an election year.

Stocks continue to rise

So Joe Biden needs to look at the historical data before he looks down upon McCain’s view of the current economy.

Graph created by Big Charts.