Why Bush Is a Wall Street Rock Star

All they read are numbers: stock prices, economic stats.

Who's making money, who isn't.

All they are is money and yes, greed.

They are tough judges — actually, merciless judges.

They measure you by performance figures they can tell, not vague political speeches they can not.

They know there is a war, but they know there is an economy too.

They know the war has its problems. They know this economy does not.

And therein lies the reason President Bush was greeted like a rock star when he stunned everyone and descended on the floor of the New York Stock Exchange on Wednesday.

I was there — I felt their excitement. And I heard their chants. I heard the "thank yous" and the "way to gos."

This man, who is such a divisive figure in America, is a legend in this building.

Maybe because in this building, this crowd measures a man differently: Not by the controversy he engenders, but the performance figures he puts up: like record corporate profits, steady job growth, stunning productivity.

No economy is perfect and neither are the money types who judge it. But they buy when they're confident. They do not when they are not.

And, for some 50-plus months of an uninterrupted bull market and just as long economic recovery, they've been buying.

Not reading the economic headlines that so bias a president who has done a good job. But the very real, hard, black-and-white economic numbers that prove it.

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