Despite sequester the stock market hits an all time high

 In each of the last four days the stock market has set a new high, yet Barack Obama hasn’t mentioned it once and that is interesting because you would think he would point to this as proof that his economic policies are working.

  When the stock market hit its first of four consecutive all time highs Jay Carney was asked about the news and he declared he didn’t talk about the stock market:

I don’t comment on markets,” Carney insisted on Tuesday

  As this article points out, this seems to be a rather new policy for Jay Carney:

Just two months ago, however, Carney cited the stock market as proof that Republicans were harming the economy.

“I would remind you of the damage caused to our economy by the approach that House Republicans took on this matter just in the summer of 2011,” Carney said in January when asked about fiscal negotiations between Obama and House Speaker John Boehner. “As a result of their flirtation with default, the stock market plummeted. The Dow fell 7 percent, or almost 900 points, in late July and early August of 2011. The United States was downgraded and the Dow fell another 10 percent, or 1100 points after the S&P downgraded the United States. Consumer confidence plummeted to its lowest point since the financial crisis in 2008.”

  When it was time to blame the Republicans for a dropping market he went into a good deal of detail pointing out what effects the Republicans were having on the market.

  So why then isn’t Jay Carney willing to comment on the stock market to tout Barack Obama’s policies?

  The answer is simple in my opinion: In the weeks leading up to the sequester Barack Obama was telling everyone who was willing to listen that the sequester would destroy the economy he was trying to save, but obviously the stock market wasn’t listening.

  So as the stock market rises it proves Barack Obama was embellishing the disastrous effects the sequester would have on the economy so Jay Carney is not bringing attention to it for this reason alone. 

  At this point Barack Obama is actually routing against the economy because he believes that if it slows he will be able to blame the Republicans and the sequester and the Democrats will be able to ride the bad economy into a majority in 2014.