Posted On: 02/06/2016 10:02:27 AM
Post# of 65629
"It rose more than twice as fast under Obama as under Reagan. In fact since Reagan (1981) stocks have gained 13% under Republicans and 450% under Democrats. That’s 35 times more, and they had six years less time."
From January 20, 1981 - January 20, 1989, the S&P 500 advanced 117.72% (REAGAN).
From January 20, 2009 - yesterday, the S&P 500 advanced 133..48% (Obama).
Therefore, the article is complete fiction and was written by someone who either blatantly lied, or is incapable of doing basic research; neither of which is a good quality to have.
From Jan. 20 1989 - Jan. 20, 1993, the S&P 500 advanced 51.19% while Bush Sr. was in office. Clearly the reporter is an idiot.
From January 20, 1981 - January 20, 1989, the S&P 500 advanced 117.72% (REAGAN).
From January 20, 2009 - yesterday, the S&P 500 advanced 133..48% (Obama).
Therefore, the article is complete fiction and was written by someone who either blatantly lied, or is incapable of doing basic research; neither of which is a good quality to have.
From Jan. 20 1989 - Jan. 20, 1993, the S&P 500 advanced 51.19% while Bush Sr. was in office. Clearly the reporter is an idiot.
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"The more numerous any assembly may be, of whatever characters composed, the greater is known to be the ascendancy of passion over reason." - Federalist no. 58
