For the fourth day in a row, the stock market was up. The Dow closed up 53.92 points today. Usually, the stock market runs as much as six months ahead of the actual economy. Further good news came from a number of businesses with more positive news. However, perhaps the biggest news was from GM which might be turning the corner financially and may not even need the immediate $2 billion in proposed bailout help to continue in business. Only last week GM's future was in serious doubt. Now , today that future looks much better.
All of this good news is beginning to beg the question of whether the hands on approach by President Obama with the economy and so much immediate action isn't beginning to turn the corner or other factors are at work? But historically most Democratic administrations have brought prosperity to the nation, and these early positive economic signs might just indicate that the serious global recession may be easing and once again the policies of Democrats are turning the corner with the economy.
Certainly it is very early yet. Still these positive signs from the last four days are beginning to set a upward trend that perhaps once again the voters trust in the Democrats is being rewarded by bringing the economy back to life, while congressional Republican attempted to block the Democratic economic recovery plans.
President Obama also made an annoucement that he's working to get credit flowing again to consumers to help to spur retail, auto sales and home sales. It's more active hands on leadership from the Democratic White House compared to many Republicans leaders who oppose government action to improve the economy.
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