ARCHIVES
CATEGORIES
Look Who's Linking to PoliBlog:
3cx.org
Absinthe and Cookies
Accidental Verbosity
Admiral Quixote's Roundtable
All Day Permanent Red
All Things Jennifer
Ann Althouse
The American Mind
Arguing with signposts
Asymmeterical Information
Attaboy
augustus
B-Town Blog Boys
BabyTrollBlog
Backcountry Conservative
Balloon Juice
Bananas and Such Begging to Differ
The Bemusement Park
Bewtween the Coasts
Betsy's Page
The Big Picture
BipolarBBSBlog
bLogicus
Blogs for Bush
BoiFromTroy
Boots and Sabers
brykMantra
BushBlog
The Bully Pulpit
Caffeinated Musing
California Yankee
Captain's Quarters
Chicago Report
Chicagoland of Confusion
Citizen Smash
Coldheartedtruth
Collected Thoughts
The Command Post
Common Sense and Wonder
Confessions Of A Political Junkie
Conservative and Right
Cranial Cavity
The Daily Lemon
Daly Thoughts
DANEgerus Weblog
Dart Frog on a Cactus
Dean's World Dear Free World
Brad DeLong
DiVERSiONZ
The Disagreeable Conservative Curmudgeon
Down to the Piraeus
Drink this...
Earthly Passions
The Education Wonks
the evangelical outpost
exvigilare
Eye of the Storm
Feste
Filtrat
The Flying Space Monkey Chronicles
The Friendly Ghost
FringeBlog
Functional, if not decorative
G-Blog.net
The Galvin Opinion
The Glittering Eye
Haight Speech
Half-Bakered
The Hedgehog Report
Heh. Indeed.
Hellblazer
Hennessy's View
High Desert Skeptic
Robert Holcomb
I love Jet Noise
Idlewild South
Incommunicado
Independent Thinker
Insults Unpunished
Interested-Participant
Internet Ronin
Ipse Dixit
It Can't Rain All The Time...
The Jay Blog
Jen Speaks
Joefish's Freshwater Blog
John Lemon
johnrpierce.info blog
Judicious Asininity
The Kudzu Files
LeatherPenguin
LibertarianJackass.com
Liberty Father
Life and Law
LittleBugler
Locke, or Demosthenes?
LostINto
Gary Manca
Mark the Pundit
Mediocre but Unexciting
memeorandum
Mental Hiccups
Miller's Time
Mind of Mog
Minorities For Bush
Mr. Hawaii
The Moderate Voice
The Modulator
Much Ado
My opinion counts
my thoughts, without the penny charge
My Word
mypetjawa
Naw
Neophyte Pundit
New England Republican
neWs Round-Up
No Pundit Intended
Nobody asked me, but...
Obsidian Wings
Occam's Toothbrush
On the Fritz
On the Third Hand
One Fine Jay
Out of Context
Outside the Beltway
Parablemania
Peaktalk
Peppermint Patty
Phlegma
John Pierce
The Politicker
The Politburo Diktat
Political Annotation
Political Blog For The Politically Incorrect
Possumblog
Power Politics
Practical Penumbra
Priorities & Frivolities ProfessorBainbridge.com
Prof. Blogger's Pontifications
PunditFilter
Pundit Heads
QandO
The Queen of All Evil
Quotes, Thoughts, and other Ramblings
Ramblings' Journal
Random Acts of Kindness
Random Nuclear Strikes
Ranting Rationalist
Read My Lips
Reagan Country
Jay Reding.com
A Republican's Blog
Resource.full
The Review
Right Side of the Rainbow
Right Wingin-It
Right Wing News
Right Voices
Rightward Reasonings
riting on the wall
robwestcott
Rooftop Report
The Sake of Argument
Scrappleface
Secular Sermons
Sha Ka Ree
She Who Will Be Obeyed!
The Skeptician
The Skewed
Slant/Point.
small dead animals
Sneakeasy's Joint
SoCal Law Blog
A Solo Dialogue
Solomonia
Southern Musings
Speed of Thought...
Spin Killer
Matthew J. Stinson
The Strange Political Road Trip of Jane Q. Public
Stuff about
SwimFinsSF
Target Centermass
Templar Pundit
The Temporal Globe
Tex the Pontificator
Texas Native
think about it...
Tiger
Tobacco Road Fogey
Tony Talks Tech
The Trimblog
Use The Forks!!
Varifrank
VodkaPundit
Wall of Sleep
Weapons of Mass Discussion
Who Knew?
The Window Manager
WizBang!
WizBang Tech
The World Around You
The Yin Blog
You Big Mouth, You!
Zygote-Design
Non-Blogs Linking to PoliBlog:
al.com - Alabama Weblogs

AJC's 2004 Election Politics Sites and Blogs Campaign Finance
Welcome to newcounterculture.com World O' Blogs
Yahoo! Directory Political Weblogs
Young Elephant
Tuesday, October 14, 2003
Dow 10k?

By Steven Taylor @ 3:44 pm

Could we be getting back to Dow 10k? And just in time for the 2004 campaign? The market closed today at 9812.98.

Although, the health of the job market remains unclear.

Filed under: The Economy

Click here to go to the main page.

6 Comments»

  1. I have predicted on multiple blogs for about a year that if the DOW was over 10K Bush was reelected.

    Of course I did not expect it to happened so soon. Presidential politics is ripe with “what have you done for me latelyism” but still I think it is valid.

    And if the Dow gets back to the record of 11,700 the Dem candidate can just pack it in. They have no other issue.

    Comment by Paul — Tuesday, October 14, 2003 @ 4:31 pm

  2. Further…

    The internet inspired stock market boom combined with the impending retirement of the boomer generation made far more people watch “monetary politics” than at any time in our history.

    George Bush made the strong case that tax cuts would help the economy recover from the Clinton recession and 9/11 downturn. The Democrats said it would not. The Dems took a foolish bet if for no other reason than economic cyclicality.

    If the market is over 11,000 and 401K’s are not so scary to open, look for Bush to make the STRONG case that he cut taxes and caused that while all the Dems in this crop of dwarfs have pledged to raise taxes.

    If that happens.. and it looks like we are watching it… the methodology of cutting taxes to spur growth will be fully understood by the millions of consumers who got 600 or so bucks in checks to spend.

    Much to the chagrin of the left.

    Comment by Paul — Tuesday, October 14, 2003 @ 4:48 pm

  3. One single event won’t make or break this election for Bush. Remember, there are a lot of people still out of work. What good does a 10k dow do for them?

    California is still the big wildcard. If Davis had squeaked out a win, you can almost taste a GOP California in 2004. Whether that taste be sweet or bitter is up to the reader. Sans CA, the dems have no chance. Arnold now has a lot of mistakes *not* to make. He’s a political rookie & his mandate wasn’t terribly strong. (not narrow, but not strong) He’ll be watched closely by CA voters. Too many boffos, too little action and CA goes democratic in CA.

    As far as a 10K dow, that depends on where it sits. If it goes to 10.1K then stays stagnant until November, people will get use to it, and Bush doesn’t get help. Should the surge continue until spring and then not fall, that helps him. But the market probably won’t do that. It’s been surging and plunging more dramatically in recent years than in previous years. It could very well peak, then fall, peak & fall, peak & fall. Not many warm & fuzzies for investors.

    As far as the Dems not having issues. People are still upset at the lack of policy in post-war Iraq. People are still upset seeing thousands of injuries and daily deaths. Coherent strategy will get Bush out of this, but its still not forthcoming. Don’t underestimate this issue.

    There are other issues too, but i’ll stop there. :)

    Comment by Eric — Tuesday, October 14, 2003 @ 4:48 pm

  4. Just read the ‘further’ post Paul. I agree with you that people are watching monetary policy. But budget deficits are also big political eggs that people care about. Especially younger families and fiscal conservatives. Dems can still play that card even if the economy starts chugging.

    Comment by Eric — Tuesday, October 14, 2003 @ 4:52 pm

  5. You are right the election won’t hinge on a single issue but that (economy) is the only one the Dems have used.

    Post war Iraq is not a winner for the Dems. the “daily deaths” as you called them lasted about a month. It is largely over. Despite the media being spinning machines, the post war effort has been extremely successful. Look at the polls that say 71% of the people in Baghdad say they want us there…

    The bad press over a U.S. success will only piss the voters off like the LAT did with Arnold.

    PLUS it is too far away.. The deaths will be a memory by then. See above on economic cyclicality. They hit that drum too far out.

    The great savior of the Democrats is the “3 million jobs lost.” If you read the papers close, you will find out that number has been revised down to around 260,000.

    AND Bush will get credit for the bad stats… The Dems hit the “3 million jobs” drum for a year. If that goes away it will LOOK like Bush did it even if it is statistics being revised.

    You are right Arnold will be a factor. But if the DOW is over 11,700 and we are safe from terrorists.. the election is done.

    While I am pretty right wing.. this is not spin.. it is just an accurate observation.

    Comment by Paul — Tuesday, October 14, 2003 @ 5:05 pm

  6. The deficit card has never turned into votes… Voters SAY they care but have never voted to prove it.

    Second, compared to GDP is is not a big deal in history.

    All things considered, the 401K beats the deficit hands down.

    I think I have typed more comments in a briefer amount of time then I ever have before. I’ll shuddup now.

    Paul

    Comment by Paul — Tuesday, October 14, 2003 @ 5:08 pm

RSS feed for these comments.

Leave a comment

Line and paragraph breaks automatic, e-mail address never displayed, HTML allowed: <a href="" title="" rel=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <code> <em> <i> <strike> <strong>

(required)

(required)


Take a Look At This!
  • Tabloid News
  • Word of The Day
  • Chronograph Watches
  • Office Shredders
  • Cash Registers
  • Ricoh Fax Machines
  • IBM Typewriters
  • Copy Machines
  • UNIX Consulting
  • Web Design
Inquiries
Blogroll


Visitors Since 2/15/03
---

Powered by WordPress