Steve Benen brings us the rules for watching the stock market, according to Republicans:
Just so we’re clear, here’s a helpful guide to the rules of Wall Street watching, as they relate to partisan politics:
When the markets went down on Bush’s watch before the 2008 elections, this was Bill Clinton’s fault.
When the markets went down on Bush’s watch between November 2008 and January 2009, this was Barack Obama’s fault.
When the markets went down during Obama’s first seven weeks in office, this was definitely Barack Obama’s fault.
And when the markets rally throughout Obama’s first year in office, George W. Bush deserves at least some of the credit.
It’s good to know — positive developments are evidence of Republican wisdom, and negative developments are evidence of Democratic failure.
Republicans don’t even bother to try to make sense anymore. Intellectual consistency is apparently just too much to ask.