Catching Up With Glenn Reynolds: Stimulus Edition

In the course of some other work, I ran across this March 2, 2009 post from Instapundit (aka Glenn Reynolds) who used the Dow Jones Industrial Average’s closing on that date to render a (negative) verdict on the Stimulus bill. His exact words: “Looks like a vote of ‘no confidence’ to me.”

So I decided to chart the Dow from the date of the stimulus passing (around Feb. 20, 2009) to date.

In case you aren’t clear, that is a 4,167 point increase – 53%.

By comparison – the Dow during the presidency that Reynolds supported – George W. Bush (down 21%):

And here’s the Dow so far for Obama:

And just because it’s fun, the Dow during Clinton’s presidency: