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Is the Country Headed in the Right Direction?

Thomas Whitley

Mitt Romney and Paul Ryan are campaigning on the sentiment that thecountry is not headed in the right direction. Certainly, many of our citizens would echo that sentiment. A recent Reuters/Ipsos poll has that number at 73%. But here are a few other numbers to think about.

  1. The Dow closed at 8,077.56 the day Obama was sworn in. It will open today at 13,207.95. That's a 63% increase.
  2. NASDAQ closed at 1,440.86 the day Obama was sworn in. It will open today at 3,020.86. That's a 110% increase.
  3. The S&P closed at 805.22 the day Obama was sworn in. It will open today at 1,405.87. That's a 75% increase.

Are we where we want to be? No. Are we headed in the right direction? Yes.