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Historically the stock market and overall economy fares better under A democratic Pres

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dumpcare



http://www.forbes.com/sites/adamhartung/2012/10/10/want-a-better-economy-history-says-vote-democrat/#7a158c4167a1



Corporate profits have risen under Obama more than any other president
The stock market has soared 14.72%/year under Obama, second only to Clinton — which should be a big deal since 2/3 of people (not just the upper class) have a 401K or similar investment vehicle dependent upon corporate profits and stock market performance”

Bob I told you about my brother in law last week, just posted to his timeline on FB. This ought to drive him batty.

Guest


Guest

There's a lag from policy to implementation to results... not to mention the enormous air dollars he pumped into the banks and wall st. But the good news is that obama is now the longest running warmonger of any president in our history.

Not bad for a nobel peace prize laureate and the hopey changey useful idiots.

boards of FL

boards of FL

PkrBum wrote:There's a lag from policy to implementation to results... not to mention the enormous air dollars he pumped into the banks and wall st. But the good news is that obama is now the longest running warmonger of any president in our history.

Not bad for a nobel peace prize laureate and the hopey changey useful idiots.


This lag that you're referring to is typically associated with central banks and  monetary policy. There is very little outside lag with spikes in spending and even less with changes in tax rates.  

Beyond that, it is absolutely idiotic to try to explain away 1 million private sector jobs added to the economy for the last two republican presidents versus 33 million for the last two democratic presidents by vaguely suggesting that if we only account for lag the numbers are reversed.   It is equally idiotic to try to explain away all economic expansion throughout US history due to the timing of lags that you clearly don't understand.

I'd ask you to elaborate and be more specific on your policy lag comment, but you and everyone who reads this forum knows what the response will be.  It is well established that you aren't capable of even explaining your own comments. You're the epitome of the low information voter. You're good for giving us one parroted talking point and that's basically it. Then it's time to pack it in and move on to the next thread.

Isn't that right?


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boards of FL

boards of FL

Uh oh...it's happening again.


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dumpcare



Well like my bil said on fb this morning after I posted this, the statistics are manipulated to see just one side, unlike the right wing news and federalist paper's he wipes his ass with. Trump must be right all data is wrong. I just don't know who to believe anymore, I might have to start going to church and ask for guidance.

Floridatexan

Floridatexan


http://ndn.org/blog/2015/04/comparing-economic-record-last-two-democratic-and-republican-presidents

Comparing the Economic Record of the Last Two Democratic and Republican Presidents
Submitted by Corey Cantor on 4/8/15
As the country gets ready to pick a new President in 2016, we felt it would be interesting to look at the recent economic performance of the Democratic and Republican parties when they controlled the White House. While there were many ways to cut this data, we chose the last two Presidents of each party and looked at five categories: GDP growth, net job creation, unemployment rate, budget deficits and performance of the Dow Jones.

The contrast between the performance of the economy under recent Democratic and Republican Presidents is stark. Democratic Presidents dramatically outperformed their GOP counterpart in all five categories. Some examples:

Job Creation – Both President Obama and Clinton witnessed an average rate of job growth over 1 million each year. Neither President Bush was able to come close to that number, coming in at 630,000 and 135,000 per year respectively. The two Democratic Presidents oversaw an annual job growth 2.1 million per year. The two Republicans had a combined annual rate of 300,000, or one seventh the total of the two Democrats. The latest data released shows that the economy created 2.9 million jobs in 2014, which is at a comparable job growth rate to an average year in 1990’s.

Unemployment Rate – The two Democratic Presidents saw on average more than a 3 percentage point drop in the unemployment rate during their Presidencies. The two Republicans saw on average more than a 2 percentage point increase. Each Republican President left office with the country in recession.

Deficits – Both Presidents Obama and Clinton witnessed significant declines in the annual budget deficit on their watch. Both President H.W. and W. Bush saw increases of the annual budget deficit on their watch. The second President Bush came to office with a $100 billion annual surplus. He left office with a $1.4 trillion annual deficit, one of the most dramatic turnarounds of America’s finances in any period in US history.

Stock Market - Under the two Democratic presidents, the stock market soared. The Dow Jones has more than doubled in the Obama era and now is at record highs. Under Bill Clinton it grew four fold. Under the first President Bush the market had a small increase. The Dow was lower when the second President Bush left office than when he arrived.

As we look to 2016 it is important to note that the last two Republican Presidents led the nation into recession and larger annual budget deficits. Both Democratic Presidents had to lead the nation out of recession and saw strong job growth, declining deficits and soaring stock markets on their watch. There is indeed a stark contrast between the performances of the two parties on the economy over the past generation. This contrast will be particularly significant in 2016 if the Presidential contest is between Hillary Clinton and Jeb Bush.

Update, April 8: With the 2016 Presidential Race kicking off, we have updated some of the data to reflect current trends in unemployment, job growth, and the stock market. Data about GDP and budget deficits have been kept the same since the initial paper, but will be updated in the future. We hope to keep this data up-to-date as it provides a good foundation of areas to compare the two parties moving forward..."

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