What a lovely chart. Of course if you look at the numbers....some things immediately jump out at you.
Obama took over a stock market that was depressed.
Guess what...the market always recovers for the most part. It has since the Great Depression. Obama got a market that had already been up over 14,000. So he gets props for adding about (18/14 - 1.....or 30%). Reagan got a market that had been flat at 950 most of Carters presidency. He goes from 950 to 2,700 or (27/9.5....almost 300%).
Anyone who knows the market knows that nobody thinks Obama has done anything of substance and such an analysis is much closer to the truth.
Clinton knocked it out of the park even farther because he got a market that had already been smoking hot for a decade and still ran it up 300%.
Obama is a loser.
Obama took over a market that was in a panic
Investors were bailing and driving up the gold market. One of the first thing Obama did was make it clear that the US Governement would stand behind the banks....the banks would not fail
He also had the government put money into the economy when everyone else was pulling out
The panic subsided and the market recovered
Yeah, it recovered. It got back to where it had been eventually.
You dodged that entire point. Obama didn't take it to new heights.
If he had kept his mouth shut, it might have gotten there faster.
Markets nearly tripled (from previous highs) under Reagan and Clinton.
With Obama, we've gotten 30%. Big whoop.
The market has nearly tripled from its low of 6700
Yes, that is a big whoop
He got a market that has already been at 14,000.
It was going there anyway. Already been pointed out...or would you like to review market performance in the past 50 years ?
So, get's no credit for something that was going to happen anyway.
30% growth...pathetic.
1/10th of Clinton.
Obama is worse than sucks.
If we use RW approach, Reagan moved the market 500%. He gets credit for the overall rise plus the recovery that happened after Black Tuesday. That drop which saw the market drop 35% was erased in six months. Obama took how many YEARS to get back what was already there ?
He's been a disaster.
He was worse that Bush II on the market overall.