January 25, 2011:

(PolitiFact) — In his State of the Union address on Jan. 25, 2011, President Barack Obama suggested that the economy is in recovery mode.

“We are poised for progress,” the president told a joint session of Congress. “Two years after the worst recession most of us have ever known, the stock market has come roaring back. Corporate profits are up. The economy is growing again.”

DJIA closed at 11,979.08 on January 25, 2011.

Fast forward to today: DJIA closed at 11,383.68.

HT: Drudge

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