Were he paying a trifle more attention, Jonah, Tom Shales would also have noticed that for decades now the stock market has tended to rise more during Democratic than during Republican administrations. I suppose my view of all this may be distorted by living in Silicon Valley, where during the last election cycle there was a pretty good chance that on any evening you’d find the streets of Palo Alto or Atherton cut off because a fundraiser was being held for Al Gore or Joe Lieberman, but can anyone doubt that the rich were giddier under Clinton than they are under Bush?