the GOP controlled the house and the dems controlled both the senate and the WH. so by your logic it was because the Dems held 2/3rds of government.....
im looking for proof that links GOP control of the house to a better stock market. what policy has the GOP put forth that has changed things financially? the Dems pushed through Dodd Frank. so one could infer that Dodd Frank is the reason the stock market is better.
the stock market didnt fall apart under Obama. the DOW hits its low of around 7,000 on Fed 27, 2009. a little over a month after Obama took office. so you are claiming that the policies he put in place between his inauguration and 2/27 are what tanked the economy? thats laughable. by Jan 2010 the stock market had risen roughly 4200 points. this was the time when the Dems controlled the House, Senate and WH. are you saying he had nothing to so with this? as of close of business yesterday the Dow sat at 12,997.57. So under full DEM control the market the DOW rose 4200 points. when the GOP got control of the House, growth slowed and has only risen 1,797 points (as opposed to 2100 annually on average) 300 points less than the average growth under the DEMS. looking at those numbers i could easily say that the GOP have slowed growth that was booming under the DEMS.
Nice fantasy.
I sat in capital planning meetings a year before Obama was elected and it was already evident that large companies were concerned about the potential of Clinton or Obama getting into the WH. They were also concerned about the already liberal condition of the house and senate. In several instances, I saw companies and businesses start to park cash waiting to see what happened. When Obama was nominated, they pretty much put the brakes on. By then the economic log jam was already projected. The market started to skid. Unlike you morons, a lot of people look ahead and question the consequences of poltical elections. So, in effect, it was his probably election that already started a slowdown.
That you think his innaguration was special is also funny. In the summer before, capital was drying up fast. All because they were concerend about the debt and his campaign promises. Pivoting on that date shows you've never worked in business.
Businesses were sitting on cash. Then things start to change.
At first, Obamacare scared them.
But, then the possibility of the house going back to the GOP started to loom. Many companies, anxious to move forward, did just that. Again, looking forward and playing the probabilities.
Unlike reactionaries like yourself, they have to look forward. They have to bet on the probability of some things happening. My company bet 400 million on an acquistion all based on the business environment improving in 2010.
Just like Chris, you have no idea of what goes on around this or what people are looking ahead to.