Tuesday, March 05, 2013

Dow sets new record. Yes. High.

This is why the GOP is so blase about the sequester so far: the Dow has never been higher than it is right now.

The market is only tenuously connected to the average American, dropping when employment is high, rising when people get laid off, but this is a poster-child illustration. People who "make" their money by investments are happy as pigs in clover right now; people who work for it? Not so much.

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