The Obama Recovery

Do you remember about 3 weeks after the election, when the wagging right said "This is now Obama's economy", and "it's the Obama bear market"? They laid the blame for the disaster Bush had wrought at his feet? Well, now is the time for them to start giving Obama credit for the subtle but obvious signs that things are getting better and that maybe, just maybe, the stimulus is working. Kind of like a "surge" of the economy.

Employers throttled back on layoffs in July, cutting just 247,000 jobs, the fewest in a year, and the unemployment rate dipped to 9.4 percent.

And the DJIA has gone from 6500 earlier this year to above 9200.