Sunday, January 10, 2010

Topsy-Turvy For WisGOP

Good news for Wisconsin is bad news for the GOP candidates doom and gloom messengers. Today's article in the State Journal tells about Wisconsin stocks and how they've rebounded since the final throes of the Bush debacle.
There was a "tremendous rebound" from the depths to which most stock prices
had sunk in late 2008 and early 2009, in Wisconsin as well as nationwide, said
Todd Parrish, analyst with Robert W. Baird & Co., Milwaukee. "When you look
at the final numbers, they are just outstanding."

The gains were wide, contrary to WMC's hand-wringing message.

Heavy industry made up four of the state's five highest percentage
gainers in 2009: Oshkosh Corp., Bucyrus International, Modine Manufacturing and Joy Global...

Madison has seven publicly traded companies, and all but two saw
increases in their share price last year.

It looks as if the stimulus is taking hold. Unemployment always lags but should follow suit if America is strong enough to stay the course and doesn't fall victim to the snake oil salesmen who got us into this mess.

1 comment:

Ordinary Jill said...

Keep in mind that Oshkosh Corporation's rosy future owes more to the continued war in Iraq than to the stimulus.