I've posted on this several times over the past year, but this makes it very clear what happens when Democrats are in control. From the NY Times ...
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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 OVER NEARLY 40 YEARS.
This makes it clear why the electorate trusts the Democratic Party with the economy ...
- Mark
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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 OVER NEARLY 40 YEARS.
This makes it clear why the electorate trusts the Democratic Party with the economy ...
- Mark
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