I got bad news for Bush when it comes to the DOW and incumbents

[59millionmorons]

Both of the incumbents over the last three decades who at the end of his first term, the Dow was less than when he came into office both lost Carter/Ford.

The average of 30 large stocks was 60 points (or 6 percent) lower in November 1976, when President Gerald R. Ford ran for a first full term than it was four years earlier when Richard M. Nixon took the oath for the second time. It was 23 points (2 percent) lower in November 1980, when Jimmy Carter ran for reelection, than it was when he took the oath four years earlier. And we know what happened to Ford and Carter.

http://www.washingtonpost.com/wp-dyn/articles/A7591-2004Jul22.html?nav=rss_politics

[BeatleBoot]

1. Correlation, but not Causation

But it does give me hope!

[zeemike]

2. The reason for the stock market decline

Is that investors are worried about bush lousing in November.
I heard it today on Fox news. and every one knows that they are fair and balanced and always right.
(Sarcasm off)

[FreakinDJ]

3. No it is REAL fears of recession

There has been very reputable reports coming out for 2 weeks about the weakness of the recovery.

Even thou Saudi Arabia increased oil output, Russia and China cut back and the price of oil goes to $42.

Get the picture now. Every recession has been preceded by a sharp increase in oil. what is even worse Bush has placed the US economy in jeopardy with his band aid approach to economics and staggering debt.

[Mayberry Machiavelli]

6. Oh, he'll "louse" in November all right! He'll "louse!"

[Jackpine Radical]

4. Yeah. And every President in the last 100 years

who ended his first term with fewer net jobs than when he took office got his ass handed to him by a Democrat.
The two examples:
Hoover 1932
Shrub 2004

[lpbk2713]

5. Every president named Bush was a one-termer.

One had a real lamebrain for a son.