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Old 05-07-2009, 01:23 PM   #1
ChinoCoug
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Default The Obama Bull Market

The GOP-declared supremely important stock market in evaluating presidential performance indicates that President Obama is doing a great job!

http://www.fivethirtyeight.com/2009/...ll-market.html

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Old 05-07-2009, 01:39 PM   #2
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Originally Posted by ChinoCoug View Post
The GOP-declared supremely important stock market in evaluating presidential performance indicates that President Obama is doing a great job!

http://www.fivethirtyeight.com/2009/...ll-market.html

lol! Don't say I didn't warn them about using totally arbitrary benchmarks like the Dow. tex and the others can live and die by their attachment to pointless standards.
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Old 05-07-2009, 02:17 PM   #3
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lol! Don't say I didn't warn them about using totally arbitrary benchmarks like the Dow. tex and the others can live and die by their attachment to pointless standards.
Heh. There's a reason you can't believe anything Cali says.

For those who care, here's what I said:
- The Dow is one of several imperfect indicators of economic confidence (I didn't say "benchmark" or "standard" and I'm pretty sure no one else did either)
- Obama (not me) suggested the Dow was like a tracking poll.

It's is great to see Nate Silver linking to hack organizations like Media Matters to make his points. Makes his motivation that much more transparent.
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