In short, the question was, 'with a Dow index that is so high as it is, and an S&P 500 likewise, then why in parts of the country isn't the economy better' . That is not a direct quote of the question.
His answer noted that 'although the economy was good, that there were "some pockets" in it that still had issues'. That is also not a direct quote.
The question to you is , would you rather have your investments being managed as in 1999 with a Dow index of 10,000 and the Euro at 85 cents, or today with a Dow of 14,000 and a Euro at $1.40 ?
In world markets, the US dollar is about 20% of what its value was in 1999. So today's Dow at 14,000 at US dollar value in 1999, would be actually at 8,000 in 1999 Dow Index value. This is less than the 10,000 when George Bush took office.
This does not really say much about a good economy, but does forewarn us that we must recover it instead. It also forewarns us what incompetent leadership can cost. In other words, our Economy. In other words, our Economy, which affords our health , safety and welfare, which is our National Security.
When we put our economy to work for our nation is when we will recover it, and not before then. Until we do, we also ca not afford OPEC Oil which countries in Europe can easily afford. We are faced sealing it from Iraq instead.
We cannot have our imminent domain on Iraqi Oil, and the manifest destiny of their Country, as this has always failed any nation at the cost of other ones. Yet we are stuck in a black hole that we must embrace as it does not affect just our soldiers, but all of us.
As we are convinced of a world around us that swirls to fast to keep up with on the issues brought to our awareness everyday, it is counted on that we do tune out. In this manner we can then be herded not to camps, but to the will of others desires. The North American Union is one as it obviates any commitments in how things work for us now , such as our Constitution. To what end can only be measured in how Democracy is to serve Capitalism.
But to recover our Economy, Capitalism must serve Democracy. We will be a far richer nation for all, including monetarily as well as being able to minimize our world conflicts through economic solutions when we put the economy to work for our nation as opposed to the few. This is what the New Deal offers -
Orion Karl Daley
Presidential Candidate for 2008
Author - The New Deal ISBN: 1419670948
for the Strategic Future of our nation
Balanced Party http://unity2008.org
New York, NY, USA -