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Posted On: 12/04/2023 12:17:03 AM
Post# of 126842
Re: Steel Reserve #113101
Not unless you believe a job is related to money in your pocket.
It's not even a close call.
Same deal with GDP:
How about the stock market? Yep, same deal.
Stock market returns
Stock market returns are also higher under Democratic presidents.[22] CNN reported in September 2020 that: “Since 1945, the S&P 500 has averaged an annual gain of 11.2% during years when Democrats controlled the White House, according to CFRA Research.
That's well ahead of the 6.9% average gain under Republicans.”[3] Analysis conducted by S&P Capital IQ in 2016 found similar results since 1901.[23] Blinder and Watson estimated that the S&P 500 returned 8.4% annually on average under Democrats, versus 2.7% under Republicans, a difference of 5.7% percentage points.
This computation used the average value in last year of the president's term, minus the average value in last year of previous term.[1]
The Washington Post cited a study by CFRA Research that the stock market (as measured by the S&P 500) averaged the following annual rates of return, under different control scenarios, from 1945 to September 2020:
Democratic president with split Congress: 13.6%
Democratic president with Republican Congress: 13.0%
Republican president with Republican Congress: 12.9%
Democratic president with Democratic Congress: 9.8%
Republican president with split Congress: 5.8%
Republican president with Democratic Congress: 4.9%[24]
Bloomberg News reported in November 2021 that Democratic presidents held seven of the top ten positions of S&P 500 returns during the first year of a presidential term, measured from their election days. Joe Biden ranked first with a 37.4% return, with the next five highest positions also held by Democrats .[25]
It's not even a close call.
Same deal with GDP:
How about the stock market? Yep, same deal.
Stock market returns
Stock market returns are also higher under Democratic presidents.[22] CNN reported in September 2020 that: “Since 1945, the S&P 500 has averaged an annual gain of 11.2% during years when Democrats controlled the White House, according to CFRA Research.
That's well ahead of the 6.9% average gain under Republicans.”[3] Analysis conducted by S&P Capital IQ in 2016 found similar results since 1901.[23] Blinder and Watson estimated that the S&P 500 returned 8.4% annually on average under Democrats, versus 2.7% under Republicans, a difference of 5.7% percentage points.
This computation used the average value in last year of the president's term, minus the average value in last year of previous term.[1]
The Washington Post cited a study by CFRA Research that the stock market (as measured by the S&P 500) averaged the following annual rates of return, under different control scenarios, from 1945 to September 2020:
Democratic president with split Congress: 13.6%
Democratic president with Republican Congress: 13.0%
Republican president with Republican Congress: 12.9%
Democratic president with Democratic Congress: 9.8%
Republican president with split Congress: 5.8%
Republican president with Democratic Congress: 4.9%[24]
Bloomberg News reported in November 2021 that Democratic presidents held seven of the top ten positions of S&P 500 returns during the first year of a presidential term, measured from their election days. Joe Biden ranked first with a 37.4% return, with the next five highest positions also held by Democrats .[25]
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