Having bet against America (what would Reagan say?), and specifically the U.S. economy (i.e. Obama's destroying America!), Fox News continues to be battered with good news reports. And on the front page of the pro-business Wall Street Journal!!
Today's painful revelation from Detroit [emphasis added]:
Nearly a year after two big U.S. auto makers were bailed out by government-engineered bankruptcies, both offered tentative signs of a turnaround, with General Motors Co. repaying $6.7 billion to the U.S. government ahead of schedule and Chrysler Group LLC reporting a first-quarter operating profit and boosting its cash reserves.
...
Still, a year after predictions that the industry and its suppliers could face a drastic decline, the situation has clearly stabilized. In the past three quarters, the U.S. auto industry has added 45,000 new jobs, making it the strongest nine-month period for auto-industry job growth since 2000, according to the Bureau of Labor Statistics.
And please, don't even mention the surging Dow this month!