Stocks down again...unemployment up again

[txlonghorn]

It's business as usual in Obama's second year

 

[SwingVoter]

It's business as usual in Obama's second year

they didn't do all that well in Bush's 2nd year, or the 3rd through 8th for that matter

 

[SFC Ollie]

It's business as usual in Obama's second year

they didn't do all that well in Bush's 2nd year, or the 3rd through 8th for that matter

Really, which planet were you living on?

 

[Dont Taz Me Bro]

It's business as usual in Obama's second year

they didn't do all that well in Bush's 2nd year, or the 3rd through 8th for that matter

That's just flat out dishonest. The stock market and the economy did excellent through most of Bush's presidency. It was rough at the beginning and the end of his term and there are reasons for that, but no period of growth lasts forever. The economy is cyclical. You have growth periods and have recessive periods.

 

[Toro]

It's business as usual in Obama's second year

they didn't do all that well in Bush's 2nd year, or the 3rd through 8th for that matter

That's just flat out dishonest. The stock market and the economy did excellent through most of Bush's presidency. It was rough at the beginning and the end of his term and there are reasons for that, but no period of growth lasts forever. The economy is cyclical. You have growth periods and have recessive periods.

The stock market did horrible under Bush. Since the Depression, only under Hoover did stocks do worse.

http://www.usmessageboard.com/economy/64052-stock-market-performance-by-president.html

 

[sealybobo]

Remind us again what is the GOP plan to fix this?

 

[SFC Ollie]

they didn't do all that well in Bush's 2nd year, or the 3rd through 8th for that matter

That's just flat out dishonest. The stock market and the economy did excellent through most of Bush's presidency. It was rough at the beginning and the end of his term and there are reasons for that, but no period of growth lasts forever. The economy is cyclical. You have growth periods and have recessive periods.

The stock market did horrible under Bush. Since the Depression, only under Hoover did stocks do worse.

http://www.usmessageboard.com/economy/64052-stock-market-performance-by-president.html

I would love to see that same chart for when congress is controlled by the Democrats and the Republicans through the years........

 

[CMike]

Seems that unemployment rate did pretty good under Pres. Bush

Bureau of Labor Statistics Data

Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Annual

2000 4.0 4.1 4.0 3.8 4.0 4.0 4.0 4.1 3.9 3.9 3.9 3.9
2001 4.2 4.2 4.3 4.4 4.3 4.5 4.6 4.9 5.0 5.3 5.5 5.7
2002 5.7 5.7 5.7 5.9 5.8 5.8 5.8 5.7 5.7 5.7 5.9 6.0
2003 5.8 5.9 5.9 6.0 6.1 6.3 6.2 6.1 6.1 6.0 5.8 5.7
2004 5.7 5.6 5.8 5.6 5.6 5.6 5.5 5.4 5.4 5.5 5.4 5.4
2005 5.3 5.4 5.2 5.2 5.1 5.0 5.0 4.9 5.0 5.0 5.0 4.9
2006 4.7 4.8 4.7 4.7 4.6 4.6 4.7 4.7 4.5 4.4 4.5 4.4
2007 4.6 4.5 4.4 4.5 4.4 4.6 4.6 4.6 4.7 4.7 4.7 5.0

Democrats take over and infest congress

2008 5.0 4.8 5.1 5.0 5.4 5.5 5.8 6.1 6.2 6.6 6.9 7.4
2009 7.7 8.2 8.6 8.9 9.4 9.5 9.4 9.7 9.8 10.1 10.0 10.0

 

[CMike]

Remind us again what is the GOP plan to fix this?

Across the board tax reductions and cuts in burdensome government regulations.

The democrat plan SPEND SPEND SPEND RAISE TAXES SPEND RAISE TAXES SPEND SPEND SPEND MORE AND RAISE TAXES.

 

[froggy]

What a mess G.W.Bush put us in.

 

[Toro]

That's just flat out dishonest. The stock market and the economy did excellent through most of Bush's presidency. It was rough at the beginning and the end of his term and there are reasons for that, but no period of growth lasts forever. The economy is cyclical. You have growth periods and have recessive periods.

The stock market did horrible under Bush. Since the Depression, only under Hoover did stocks do worse.

http://www.usmessageboard.com/economy/64052-stock-market-performance-by-president.html

I would love to see that same chart for when congress is controlled by the Democrats and the Republicans through the years........

I have that!

This is from 1900 through 2006.

The Big Picture

This is up to the end of 2006, so obviously, Rep Pres,Dem Cong is lower as is Republican President. But also, after 2009, Dem Pres, Dem Cong and Democrat President is now higher.

But for those people who believe that everything revolves around politics, here is economic growth per capita since 1870 to 2006.

http://www.economicprincipals.com/issues/2008.12.21/376.html

Now, for those highly partisan people, please ascribe the tiny little squiggles in that graph to specific left/right policies.

 

[get_involved]

Why is our government STILL bringing in 1.5 MILLION foreign workers a year? Welcome to the Coalition for the Future American Worker

 

[txlonghorn]

Remind us again what is the GOP plan to fix this?

Get the democrats out of power.........

 

[txlonghorn]

What a mess G.W.Bush put us in.

And good ol' Obama is digging the hole deeper and deeper and deeper...

Thanks Obama...I knew you could do it!!!

 

[SFC Ollie]

The stock market did horrible under Bush. Since the Depression, only under Hoover did stocks do worse.

http://www.usmessageboard.com/economy/64052-stock-market-performance-by-president.html

I would love to see that same chart for when congress is controlled by the Democrats and the Republicans through the years........

I have that!

This is from 1900 through 2006.

The Big Picture

This is up to the end of 2006, so obviously, Rep Pres,Dem Cong is lower as is Republican President. But also, after 2009, Dem Pres, Dem Cong and Democrat President is now higher.

But for those people who believe that everything revolves around politics, here is economic growth per capita since 1870 to 2006.

Economic Principals Blog Archive The Story So Far

Now, for those highly partisan people, please ascribe the tiny little squiggles in that graph to specific left/right policies.

So it seems like a democrat President with a Republican congress has worked best for the market.

But for now we have record deficits in 09 and a new projected record for 2010. Maybe we'll get that Republican Congress back for 2011.

 

[Toro]

So it seems like a democrat President with a Republican congress has worked best for the market.

But for now we have record deficits in 09 and a new projected record for 2010. Maybe we'll get that Republican Congress back for 2011.

Maybe.

Personally, I prefer it when one party doesn't control everything. I don't think either party is mature nor sane enough to govern by themselves.

 

[SwingVoter]

Really, which planet were you living on?

the one where my investments were crashing

NASDAQ was 2770 when W took office, having already lost nearly half of its value over the previous 10 months, except for a brief period in 2007, it never got back to that level his entire presidency

S&P was 1342 when he came in, never got above 1560 his entire presidency, and finished in the red for his 8 year term

worst stock market returns for any pres since Hoover

 

[SwingVoter]

I would love to see that same chart for when congress is controlled by the Democrats and the Republicans through the years........

there are no excuses when you come in with worse numbers than Jimmy Carter

 

[SFC Ollie]

Really, which planet were you living on?

the one where my investments were crashing

NASDAQ was 2770 when W took office, having already lost nearly half of its value over the previous 10 months, except for a brief period in 2007, it never got back to that level his entire presidency

S&P was 1342 when he came in, never got above 1560 his entire presidency, and finished in the red for his 8 year term

worst stock market returns for any pres since Hoover

WHy did you cut out your original statement? Let me refresh your memory "they didn't do all that well in Bush's 2nd year, or the 3rd through 8th for that matter"

Fact is that the market didn't do so bad during most of Bush's term. didn't really drop out until 07 and 08.... But we could argue forever about the reasons why. But no one really knows for certain. And there is no way it's all one persons fault. or one parties for that matter.

 

[froggy]

Why is everyone still in denial about what dubba did to America.