Friday, March 30, 2012

Bad News for Republicans

The Republican Party in the United States, which has spent the last three-and-a-half years hoping the country did poorly, so President Obama would look bad, got a cold kick in the jaw today.

The Dow Jones Industrials and Standard & Poor's stock indices concluded the best quarter in 14 years and the Nasdaq average posted its best quarter in 21 years, all signs of a economy poised to surge.

The Dow gained 8.1%, or nearly 1,000 points since January, while the S&P 500 advanced 12% and the Nasdaq rose 19%. The stock market is usually a good indicator of future economic health.

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