Boss
Take a Memo:
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- #461
when Republicans are elected, it's usually after Democrats have so fucked up the country the people had to elect a Republican to fix it.
The Stock Market crash of 1929 helped elect Franklin Roosevelt.
A recession that began in 1960 helped elect John Kennedy.
A recession that began in July 1990 helped elect Bill Clinton.
A recession that began in December 2007 helped elect Barack Obama.
http://www.nber.org/cycles.html
From 1921 to 2000 Republicans have been president for forty years. Democrats have been president for the other forty. During that time the per capita gross domestic product grew over twice as much under Democratic presidents in 1996 collars.
Singularity is Near -SIN Graph - Per-Capita GDP
From the presidencies of Harry Truman to that of George W. Bush there were nearly always more jobs created under Democratic presidents than Republican presidents.
Bush On Jobs The Worst Track Record On Record - Real Time Economics - WSJ
I have already posted this, but I will re post it for the benefit of anyone who did not read it previously: "the Dow is up more than 50% since Obama took office during the depths of the financial crisis. Only three other presidents elected since 1900 — Franklin Roosevelt, Dwight Eisenhower and Bill Clinton – have experienced similar market returns...
"Despite the fact that Wall Street tends to prefer Republican candidates, the stock market historically has performed better under Democratic presidents.
"Since 1900, the Dow has averaged a 7.8% annual gain under Democratic presidents, compared with a 3% annual gain under Republicans, WSJ reported earlier this year."
What an Obama Win May Mean for Stocks - MarketBeat - WSJ
You continue to help make my point. Liberals will concoct a narrative based on totally erroneous assumptions about statistical data or coincidental circumstances. That is ALL you have done here.
What we are supposed to take away from this is, Republicans are bad for the economy and Democrats are good. Republicans mess up good economies and Democrats fix bad ones.
There are several things wrong with your assertions regarding the Republican presidents who Democrats saved us from their recessions and depressions. Namely, you fail to mention what the makeup of Congress was. This is important because presidents do not pass legislation into law. Speaking of which, you've failed to point out specifically, what legislation enacted by Republican presidents led to the catastrophic economies and what legislation enacted by Democrat presidents reversed the catastrophe.
So this becomes like the trivia that no one on 9/11 died who used a Mac. It's cute, it's interesting, but it doesn't really mean anything.
The stock market always goes up and down. Historically, over a longer period, it always has gone up. When the stock market is at it's lowest, it can't do anything but go up, doesn't matter who is the president. Now I haven't done the maths on this to see how many years of Republican vs. Democrat presidency we've had, but we've had far more Democrat presidents, so let's say in the past 100 years we've had 70 years of Democrat presidency and 30 years of Republican. Statistical odds and the nature of the stock market would indicate 70 years of Democrat presidency would probably yield a higher average than 30 years of Republican presidency. It has nothing to do with the party, it's statistical averages and the nature of the stock market. Republicans have had less time for the down markets to recover and Democrats have had more time for down markets to become up markets. Over time, the market always rises. So the more time, the more the market will naturally rise. This is why we see the statistic you presented.