Complete bull$h!it. 14,164.53 in 2007 money is equal to 15,684 in 2013 money. So this is a lie.
That's absolutely right. Business travel takes me throughout the country. Once I leave Texas and Oklahoma, I see nothing but despair everyone -- shuttered factories, failing farms, boarded up storefronts and shopping malls nearly empty of retailers. The Obama economy has brought widespread misery to nearly all business sectors.
Of course, there are some (perhaps many?) on Wall Street complicit in the myth-making. A good number of those involved in the markets are manipulating the number to make things appear good for their boy. That's among the reasons why the DJIA may look good but the fundamentals are just plain terrible. It's just like when Government Motors announces its quarterly sales and revenues -- all lies.