Monday, February 23, 2009

Party Like It's 1997

The Dow dropped to 7115 today, it's lowest level since 1997. While that in and of itself is scary, this is the line from the AP story that really put it in perspective.

It's as if the decade's dot-com surge, collapse and subsequent recovery never occurred.

Woah. That's heavy man.

I suppose if President Bush were still in power, the MSM would be blaming him. Actually, they're still blaming him even though he's no longer president.

At what point will the MSM wake up and realize that this is President Obama's problem and that he's only making it worse between his pessimistic prognostications about the economy and his economic policies.

Maybe it's unfair to declare someone a failure this early into their administration but geez, this is really starting to look like amateur hour at the Improv.

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