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Stock market (aka business) does better under Democrats.


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2012 Oct 17, 5:08am   1,897 views  2 comments

by gbenson   ➕follow (0)   💰tip   ignore  

http://www.huffingtonpost.com/2012/10/15/democratic-presidents-stock-market_n_1967522.html

Ed Conard of Mitt Romney's private equity firm Bain Capital is one of 12 donors who've given at least $1 million to the super PAC Restore Our Future, which supports Romney's bid for the White House. Due to the obliteration of campaign finance law by the Supreme Court, donors can give unlimited amounts to the super PAC. Meet Romney's dozen.

#politics

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1   thomaswong.1986   2012 Oct 17, 3:40pm  

gbenson says

Stock market (aka business) does better under Democrats.

I see you weren't around back to see the outcome of Reagan economic plan which
fueled the 80s and 90s. Or in another words, why Carter and Mondale lost.
Even Obama and Clinton are humble about the outcome.

2   curious2   2012 Oct 17, 4:32pm  

Democratic Presidents have outperformed Republicans for more than 80 years, and if you count Herbert Hoover the difference is enormous:

http://www.nytimes.com/interactive/2008/10/14/opinion/20081014_OPCHART.html

The ONLY Presidents since 1929 with net negative returns were all Republicans: Hoover, Nixon, and W.

Republicans have tried to deify Reagan, but returns during both Reagan's & HW's administrations were midway between Carter's & Clinton's, both chronologically and in % terms. Attributing Clinton's returns to Reagan would require attributing Reagan's returns to Nixon and Ford.

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