Following the Lies, ad infinitum

The Repubs would have you believe that US economic performance under Obama has been an unmitigated disaster. Of course it hasn't, and of course the Repubs cherry pick their facts to present the worst possible view of things.

Nonetheless, reality intrudes, and actual information paints a different picture. Larry Kudlow, expressing what is certainly a common sentiment among economists, said in a July 2007 article praising the Bush war effort, "I have long believed that stock markets are the best barometer of the health, wealth and security of a nation."

So what do we suppose could have happened in early 2009 to account for the following chart?

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