Why the Economy Isn't a GOP Clarion Call Right Now

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The Standard & Poor's 500-share index on Friday finished at its highest point since 2008, extending a climb that began in November...

[snip]

The S.&.P. closed at about 1,365 points, up 0.2 percent for the day. The last time it was higher was in June 2008, before the worst of the financial crisis.

There, is, of course one potential rain cloud that gives the Four Horsemen hope: 

Although the market has been rising, one growing concern is the price of oil, which has been driven higher by tensions over Iran and the weakening dollar. High oil prices could crimp the economic recovery in the United States.

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