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by
Johnice R.
Member since:
December 25, 2008 Photo by Johnice R.
September 29, 2009 03:28 PM EDT
(Updated: September 30, 2009 01:38 PM EDT)
October 14, 2008 NY Times Bulls, Bears, Donkeys and Elephants http://www.nytimes.com/interactive/2008/10/14/opinion/20081014_OPCHART.html?scp=1&sq=bulls%20&%20bears%20donkeys%20and%20elephants&st=cse By TOMMY McCALL Since 1929, Republicans and Democrats have each controlled the presidency for nearly 40 years. So which party has been better for American pocketbooks and capitalism as a whole? Well, here’s an experiment: imagine that during these years you had to invest exclusively under either Democratic or Republican administrations. How would you have fared? As of Friday, a $10,000 investment in the S.& P. stock market index* would have grown to $11,733 if invested under Republican presidents only, although that would be $51,211 if we exclude Herbert Hoover’s presidency during the Great Depression. Invested under Democratic presidents only, $10,000 would have grown to $300,671 at a compound rate of 8.9 percent over nearly 40 years.
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Comments: 9
It was Bush's policies what helped the economy under Clinton's watch.
And explaining W's ineptness, it was Clinton's policies what hurt Under W's watch.
They will never give credit where credit is due.
Even now we are comming out of a big financial crisis. Thank you president Obama!!!!!
My 401k is back on track.
(teasing, lol)