Dow Jones Reaches New All Time High, Making Republicans Look Like Fools

By Justin "Filthy Liberal Scum" Rosario • May 3, 2013

Via Raw Story:

The Dow Jones Industrial Average rose above 15,000 for the first time Friday following a solid US jobs report.

At 1429 GMT, the Dow reached 15,000.54, up 173.96, or 1.17 percent.

Normally this would be greeted with parades and confetti by the right wing who has insisted that the only way for the country to recover is for Wall Street and corporate America to make as much money as possible. Remember, the “job creators” will shower jobs on to the poor and middle class when they have all the money they could ever need. Yet there will be crickets from Fox and the right wing media. Why?

Because Obama is trying to destroy the economy.

For real! Unemployment is skyrocketing under his disastrous economic policies! By “skyrocketing,” of course, I mean “lower then they were when he took office.” Today’s job numbers show an unemployment rate of 7.5%. No doubt Fox will make sure to mention that we’re not using the right metrics to determine unemployment and that the “real” number is much MUCH higher. Curiously, they only seem to apply this “unskewed” method to the last four years. Almost as if there’s no data before January 2009.

More bad news for Obama’s dastardly Socialist plan to destroy America is the reason for the stock market rally in the first place. Via The New York Times:

The United States economy created an estimated 165,000 jobs in April, averting fears of a sharp slowdown and pushing the unemployment rate to its lowest level since the end of 2008.

The latest jobs figures from the Department of Labor paint a brighter picture of the overall economy than other recent data, which had been weaker and prompted economists to warn of a spring swoon for the third year in row. Those worries had been heightened after the March jobs report, which initially showed the economy to have added just 88,000 jobs, much fewer than had been expected.

On Friday, however, the government sharply revised upward its estimates for job creation in February and March, concluding that the economy actually generated 332,000 jobs in February and 138,000 in March. The unemployment rate, which is based on a separate survey, fell by 0.1 percentage point to 7.5 percent, from 7.6 percent in March.

Right now, I imagine President Obama is screaming at his co-conspirators staff, demanding to know why the economy is still recovering instead of completely imploding to make way for the Communist Socialist Muslim Nazi Homosexual revolution.

The reality of it though is that Obama has built a much more stable recovery than any president in recent history. Instead of basing it on inflating a new bubble to replace the one that burst, the Obama administration has focused on rebuilding our manufacturing base and non-exportable jobs, like green energy production. It would have gone much quicker had the GOP not resolved to block any and all infrastructure spending knowing full well that those jobs also cannot be outsourced and the money goes directly back into the local economies. In the meantime, who cares if a bridge or two collapses and kills people? It’s far more important to keep those unemployment numbers as high as possible!

Even as the GOP’s sequestration cuts hurt millions of Americans (as they designed it to do), the Republican Party is gearing up for its next round of hostage taking when the debt ceiling is reached this summer. If the job reports continue to be positive and the economy continues to recover, what will be their excuse be and will the public finally have had enough of their obstructionism? I guess we’ll find out.

 
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