Dow Closes Above 10,000...

... for the first time in over a year.

Remember this?

March 2nd, 2009 - RightPundits.com: Let’s look at the key dates in Barack Obama’s Administration so far and see what the stock market did around those dates:

November 3, 2008: Obama is Elected

November 3, 2008: 9326.04 Open

November 4, 2008: 9139.28 Close

So far, not that bad, right? However, if investors believed in Obama’s message of hope they would buy, instead of sell, around that time.

January 20, 2009: Obama is Inaugurated

January 20, 2009: 8,279.63 Open

January 20, 2009: 7,920.66 Close

Obama’s inauguration didn’t exactly make investors celebrate. Also note, between Obama’s election and inauguration, the stock market dropped 1200 points. If they believed in Obama, the stock market probably would have inched upward, even in a down economy.

February 17, 2009: Obama signs stimulus package into law.

February 17, 2009: 7,845.63 Open

February 17, 2009: 7,502.59 Close

The stimulus package clearly did not stimulate any investors into buying. Note that as of February 17, there was a 1800 point drop since the election, and a 400 point drop since inauguration.

February 27, 2009: Obama announces budget

Febraury 27, 2009: 7,180.97 Open

March 2, 2009: 6763.29 Close

As of today’s close, Obama has overseen the worst stock market performance in the history of America for a new president. It’s an unprecedented 28% drop from Obama’s election to today. If you don’t believe my numbers, you can check the historical data here.

Today: *criket*...*cricket*... *cricket*

Attention RightPundits.com: As of today's close, the Dow Jones has increased 33% in the last six months (while President Obama was actually in office) since your ridiculous post. Care to credit Obama for that?