MSNBC continues to use misleading charts suggesting Obama is responsible for Dow's decline

Media Matters - MSNBC continues to use misleading charts suggesting Obama is responsible for Dow's decline

In the past few days, MSNBC has repeatedly used misleading graphics of the Dow Jones industrial average showing a decline since the beginning of November 2008, suggesting that the drop started with the election of President Obama. In fact, the Dow was on a downward trajectory months before the election, dropping 3,738 points from May 2, 2008, to November 3, 2008.