This is what the DOW over 15,000 looks like!

[WhaTHellsgoingonhere]

?maxX=600

[HiPointDem]

1. and 8% unemployment with declining wages! yay!!!

[limpyhobbler]

2. This picture speaks a 1000 words. nt

[defacto7]

4. But some people wants to get rid of the Census Bureau.

We don't need to bother ourselves with no damn facts!

[graham4anything]

3. actually, it is not a good analogy, but it does have flashy colors

but note it reminds people just how good it was for everyone back in the Bill Clinton era.
and then how bad it was in the Reagan/41/W era
(something to remember in Nov. 2016 when Jeb will be up against Hillary45.)


But, to say the market going up is not a good thing, is just well, so silly and wrong.

Would it be better for the market to crash again and everyone goes to the bottom,
just to exact some sort of revenge on an unspecified group of people?
The other man's grass is always greener, and as there will always be someone with more,
it's a silly waste of time to care what someone else makes.
Money can't buy love or happiness, nor can it buy health.
Ask Steve Jobs.

and burning down an entire group, does not in any shape or form lead to bringing up
any other group. All it does is create a gladiator in the arena revenge thing.

again, the graph shows how througout the years, the Reagan/Bush/Bush method failed society, and the Clinton/Obama/and Clinton to be betters society.

imho after analyzing the raw stats

[WhaTHellsgoingonhere]

5. "Would it be better for the market to crash again and everyone goes to the bottom"

Well, we're going to get to answer that question before too long. Then you can tell us: "Hey, folks, it was a great sprint for a few years, anyway! Would you really have preferred a more stable stock market at the cost of a rapidly growing stock market?"

At that point, some of us would say, "Yes, g, and that's what we were telling you about 18 months ago."

EDIT: I was telling my friend this is a "trickle up" economy (wholly endorsed by graham).

[graham4anything]

6. No, it won't go to zero. Unless one doesn't vote for the democratic party of course.

so depends if one wants to have bragging rights or one wants to have better times for all.

What do bragging rights accomplish?

Another way to look at it-
(just using imaginary numbers)
I bought my house at $150 and sure, it went up in value to over $500 at some point.
But I didn't sell, as I moved here to live here.
So maybe the house is only $400 now
but it never was worth 600 to start with.
And anything over $150 plus what was put into it, plus a small rise, is good.
I don't need to think that if I only get 400 I am losing, when it was never worth 600 at all.

I bet, any other President, and the world would marvel at how great 15,000 is.

and everything is tied into each other.
Ones small house is worth more in a good market, than in a bad market.
one doesn't need to be rich to be rewarded from a good market.

[Nay]

14. We will indeed learn the answer to that Q soon. It's amazing to me that ANYONE would

consider a rapidly rising stock market to be a good thing in the midst of no fundamentals whatever to support any such rise. It is the upper crust financial wizards manipulating the financial system to wring out the last pennies from the wallets/IRAs/401Ks of the rest of us citizens. Nothing more. And when they decide to take the money and run, well, watch out below. If you thought 2007 was bad, just wait.

[WhaTHellsgoingonhere]

8. graham, look how awesome the economy was between 2003-2007!

Good times, those Bush years

[graham4anything]

9. look at the stats you just posted- During Jan.2001-Jan.2009 show a drop of 40%

note it has gone up since Jan. 2009

and in Jan.2017, we can base it on the start # and the end number.
Are you saying in Jan.2017 we are only going to be at 3500?

[WhaTHellsgoingonhere]

10. Yes, this goes back to the bubble-bust nature of the stock market, g

and many can see who's better off from this bubble, and who knows they'd be equally happy if the stock market was 7500 today.

EDIT: You're pretty much making the "Bill Gates walks into a room" argument.

[graham4anything]

11. We are much better now collectively than between 2001-Jan.2009.

So what point are you making?

The fact that some business' have closed on the street, is only because those business' now are obsolete as people have shifted their habits making them obsolete.

Historically there are always biz' that close and others open.
However, only know does it seem different, because there are closed storefronts whereas in the past, every few years, there would be a new store.

These days the new store is replaced by an online store.

And with all the new technology, one of these days a physical bank won't be needed.
One doesn't even need to leave the house anymore to deposit a check into an account.
Just click and it's done. Same with 90% of bills, now paid online.

And one of these days, wouldn't surprise me if 80% of all college is done online without having to travel.

And aside from what the dislikers say, the healthcare is/ or will in the next year save
most of America very big money in savings on premiums and on care.
And wellness too leads to very big drop in health care bills, but that too takes time.

However, tearing down all the rich and all the buildings are going to do nothing to help
those with nothing. All it does is end up being their home or car or future job that is burnt down.
And protest voting or republican voting is NOT going to achieve one forward movement whatsoever.

[WhaTHellsgoingonhere]

15. and now you *did* make the 'Bill Gates...

...walks into a room" argument.

What's my point? Of all the responses, you're the only one who doesn't understand my point. Why don't you read what others have said if nothing I've said has helped.

[graham4anything]

17. I agree, we disagree. I do not agree with your answer.

[EOTE]

16. Yeah, who cares that all the gains are going to those who need it the most.

And the past 30+ years have seen massive rises in productivity with no social upward mobility for 75% of the country. Who cares, the wealthy are doing just dandy.

Seeing a post like this from you provides zero surprise. Such a good little citizen.

[msongs]

7. the 1% are raking it in while the rest are getting austerity and sequestration. nt

[OKNancy]

12. In 2011 ( this chart) the Dow was closer to 11,000 not 15,000

Doesn't make much difference in your point however.

[JNelson6563]

13. The Gilded Age 2.0