Quick Hit – The Dow Jones Argument
I’m a conservative, so this post may seem a little strange, but I want to tell all of those people on the left and the right to stop using the Dow Jones roller coaster ride as a reason to make your “case in points” argument. In the case of liberals when the Dow plummets, don’t get on your soap box and say ”look, if we privatize Social Security, this is what can happen”. In the case of conservatives, don’t use the dip in the Average when Barak Obama gets elected as a “see, I told you so…” moment. This is not the best economic indicator we have, and when it goes up and down (especially recently) it more often than not, is NOT based on some political issue. Just one mans opinion, but seeing blog posts on both sides jumping on that band wagon, well….it’s just plain annoying.
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