In real numbers the average person can understand: The difference between Dem rule and GOP rule

[scheming daemons]

DJIA on 1/20/93 (Clinton's inauguration): 3230

DJIA on 1/20/01 (Bush's inauguration): 10535

DJIA at this moment (9/15/2008 noon): 11159



Percentage increase of DJIA during Clinton's term: 226%

Percentage increase of DJIA during Bush's term: 6%



Summary:

During Clinton's term in office, every $1.00 the average American had invested in the market became $3.26

During Bush's term in office, every $1.00 the average American had invested in the market became $1.06 (and dropping)



That's the difference between Democratic rule and Republican rule.

[scheming daemons]

1. kicking my own thread..... shamelessly...

;-)

[Cosmocat]

11. Know what is sad ...

I post on a side politics board from a sports team site I post at, and the board leans to the right in general, so I am pretty much hated.

But, I have had the same exchange 100 times, using the numbers you just noted, as well as numbers relative to government debt and budget, which is just as marked.

The numbers are clear, and completely undeniable proof that Rs are just putrid at both the economy AND the federal budget.

And, you know what, I have posted these numbers 100 times, and be it the long time board right wingers, or some right winger that just came on board lately, they dismiss these numbers out of hand - "Clinton got lucky with the dot coms, Bush has had the worst luck of ANY president, it was the R congress that balanced the budget ..."

FACTS, REALITY has absolute no impact with right wingers.

[MadrasT]

2. Thanks! Adding to my arsenal of facts to spring on "undecideds"

:hi:

[Stellabella]

3. Very succinct and well put.

n/t

[holiday]

4. good job

[AnarchoFreeThinker]

5. kiiiiiiiiiiiiiiiiiiiicked and reccccccccccccccccccccc'd

[nichomachus]

6. You forgot the most important thing

You forgot to account for inflation -- the raw dollar figures don't tell the story.

In today's dollars:

1993 DJIA = 4,580.

2001 DJIA = 12,372 Gain of 170 percent

2008 DJIA = 11,138 Loss of 10 percent

This is adjusted to 2007 figures

But the bottom line is that the stock market is in negative growth under Bush and the GOP

[scheming daemons]

7. GREAT POINT...

[nichomachus]

12. And another way of looking at it.

DJIA - 2001 -- 11,272 Euros

DJIA - 2008 -- 8,592 Euros -- loss of 24 percent when measured in a stable currency.

[knixphan]

8. K&R

[GoesTo11]

9. S&P 500 is a better indication of the overall stock market.

Some data:

Nov 3 1992: Clinton Elected, S&P at 419 (+241%)

Nov 7 2000: Bush elected, S&P at 1431.

Now: S&P at 1227 (-15%)

[central scrutinizer]

10. with inflation and the falling dollar figured in, it's far worse

The $1.00 that went up to $1.06 actually was more than eaten up by inflation, even at a conservative 2% per year and the dollar has fallen by double digit percent so the Bush $1.00 in 2000 is more like $.75 now