Dow Jones closes over 13,000 - first time since May 2008

The Dow Jones Industrial Average closed today over 13,000 for the first time since May 19, 2008.

The stock market is now up over 56 percent since Obama took office. Today, the stock market was buoyed, in the view of one economist, by “job and income gains…leading to higher confidence and spending growth, in turn driving further spending gains.” Here’s how the stock market has fared under our last three presidents:

Remember - the GOP Presidential candidates are campaigning on the idea that "the country is headed in the wrong direction." So I'm guessing they'd rather the stock market DROP as it did under President Bush?

The success of the stock market under Obama is particularly notable considering the majority of Republicans believe he is a “socialist,” presumably out to destroy private enterprise.
(via ThinkProgress.org)