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: IndefensibleJust run the freaking numbers...
By David Feige
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The right wing pundits constantly yammer about their faith in the markets. So in light of all the criticism of Obama and economic policy, I thought I'd take a look at how the markets actually performed in the first 21 months various presidencies.Check it out!UNDER RONALD REGAN:DOW BEGAN: 970.99 DOW ENDED: 824.01 For a LOSS of 17.8 PERCENT UNDER GEORGE H.W. BUSHDOW BEGAN 2,239.11 DOW ENDED 2,427.48 For a small GAIN of 7.8 PERCENT BILL CLINTON:DOW BEGAN: 3,241.95 DOW ENDED 3,878.18 For a GAIN of 16.8 PERCENT GEORGE W. BUSHDOW BEGAN 10,581.90 DOW ENDED 7,698.81 For a whopping LOSS of 37.4% And finally...OBAMADOW BEGAN 7,949.17 DOW ENDED: 10,819.31 For a GAIN of 26.5% Ok, so can we please cut out all this crap now? Let's all be good little republicans and trust the actual numbers which make clear that democratic presidents have been great for the market...continue to full postFull post as published by Indefensible on September 27, 2010 (boomark / email).
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