The NYSE has no bearing on the economy. Go to the U.S. Dept of Commerce website and type "leading economic indicators" into the search function. You will not find any stock market info in the economic indicators. Why? Because in order to be an indicator, there must be a consistent statistical relationship between the indicator and that which it is meant to predict, Not counting the current recession, which is not yet over, in the seven most recent recessions, the DJI was up in two of them, down in two, and even in three. There is no consistent relationship between the movement of the DJI or the S&P 500, and the movement of the economy.
Nobody gives a rat's ass what the Dow is doing, because it isn't creating jobs, and if you don't have a job, and have been out of work for a while, you also don't have any stocks to track.
The Dems' poll numbers are going up because they are ignoring the inside the beltway common wisdom which says the GOP is going to retake both houses of congress, and they're actually being aggressive with their GOP opponents, especially if the opponent is a batshit-crazy Teabagger (I know, that's redundant), with absurd ideas the GOP is frantically trying to paper over in order to pretend those yahoos are mainstream, which they in no way are. Sharon Angle is such a nutbag that two prominent Nevada Republicans have actually endorsed Harry Reid. The GOP is trying to make this election a referendum on Obama, but with the president out campaigning and reminding the base and independents of the fact that the GOP's tax cuts for the rich are what nearly brought down the country and its economy, and framing the election as a choice to continue moving forward or a return to the GOP's failed past policies, which the GOP in their arrogance and stupidity has admitted are the same policies they are going to pursue if they retake the house and senate. They and their anonymous contributors have counted their winnings before the poker game is finished and have seriously overplayed their hand. Watch and see if the Chamber of Commerce scandal doesn't negate the effect of the attack ads they are running, which the public is going to view with considerably more skepticism than they were just a week ago. up, just like 2006 and 2008, the GOP is busy stepping on their own dicks with golf shoes. They are the party of NO: pure obstructionism and no fresh ideas, and the Dems have found their soft spot. No, the Dems have not done a great job fulfilling the agenda they were elected to carry out, but as LBJ said, "There's nothing like stepping in a cow flop to make tripping over a stone seem enjoyable." Inexplicably, the GOP is actively pursuing the role of cow flop, resorting to the same old lies, but with an e lunatic cast of characters from the tin-foil hat fringe. This could turn out to be the end of the GOP as a national party, unseated by their own hubris. And it coiuldn't have happened to a nicer bunch of old white men. Their scare tactics aren't working any more because their candidates are scarier than anything the Dems could come up with.
