It’s highly ironic that the stock market is the conservatives’ litmus test for how well the economy is doing, until the following three conditions occur simultaneously:

A) the stock market is going up
B) unemployment remains high
C) there is a Democrat in the White House

At which point, the stock market is irrelevant and the Democrat is to blame because EVERYONE IS UNEMPLOYED!!!

The fact that they are essentially complaining about the Democrat’s lack of success or interest in deploying a (left-wing) full-employment economic policy is, of course, where the irony comes from.