Are you as well off as 4 years ago? The S&P 500 thinks so

U.S. stock markets opened much higher this morning. Bloomberg reports

The Standard & Poor’s 500 Index (SPX) climbed above the highest closing level since 2008 as the European Central Bank announced specifics of its bond-buying plan and data boosted optimism in the labor market.

You would think that this would carry some weight with the "pro-business" Republican party.

It would be nice to be reporting lots of additional positive economic news, but today's stock market post sure beats the one from nearly four years ago.