Some collapse. President Obama was the worst fascist dictator bend on destroying the American economy, ever.
Since Obama's first inauguration on Jan. 20, 2009, U.S. equities have surged 12% a year, not counting dividends, in what turned out to be the
second-longest bull market in history.
To put that in perspective, those price gains were nearly four percentage points per year more than domestic equities have averaged since the end of World War II. They also compare favorably to the 4.6% annual
losses suffered by the S&P 500 index of U.S. stocks under the eight years of Obama's predecessor, President George W. Bush.
Here's one other way to think about it: If during the upcoming administration of President-elect Donald Trump, the stock market were to replicate the success it enjoyed under Obama, rising by a factor of 2.5, then the Dow Jones industrial average -- which currently stands at just under the 20,000 level -- would have to climb all the way up to 50,000.
What Really Happened to the Stock Market During the Obama Years