Friday, August 31, 2012

Romney asks, I answer

Mitt Romney: “ ‘Hope and Change’ had a powerful appeal. But tonight I'd ask a simple question:  If you felt that excitement when you voted for Barack Obama, shouldn’t you feel that way now that he’s President Obama? You know there’s something wrong with the kind of job he’s done as president when the best feeling you had was the day you voted for him.”

On the eve of the 2008 elections, Nov 3, 2008,  S&P 500 closed at 952.77 and the Dow Jones closed at 9139.27.  As I write this, S&P 500 is at 1411.38 and the Dow Jones is at 13138.61.  As goes the stock market, so go my savings. As a person who saw his 401K reduce to 201K in the Bush years,  the good feeling on Nov 4, 2008 has only improved.

Comments (2)

Loading... Logging you in...
  • Logged in as
Thomas Pindelski's avatar

Thomas Pindelski · 656 weeks ago

It's much, much worse under Republicans than you illustrate. The last 4 years are tainted by recovery from the meltdown attributable to the previous administration - a deep hole out of which to dig. Were it not for that hole, you would now have an 801(k).

Since JFK's presidency, Democratic Presidents have seen the stock market go up 5.23 times as much as Republican Presidents. That's an excess return of 423%. As I comnented the other day, the GOP 99% are turkeys voting for Thanksgiving. You can take the data back to FDR and it's much the same. While destroying their savings these turkeys take comfort in the knowledge that there is no global warming, women should be barefoot, pregnant and in the kitchen, and that guns are good for you.
http://thinkprogress.org/economy/2012/02/28/43353...

Odds are that you will be feeling even better by 11/4/2016.
1 reply · active 656 weeks ago
From your lips to God's ear (or whatever is the arbitrator of our fortunes' ear :) :) ).

Post a new comment

Comments by