Financial Perspective on 9/11

[scheming daemons]

Dow Jones Industrial Average on 9/11/2001: 9605.51
Dow Jones Industrial Average on 1/20/2009: 7949.09 (Bush's last day/Obama's first day)

A loss of nearly 1700 points (about 18%) from 9/11 until Bush's term was up.

Dow Jones Industrial Average on 9/11/2009: 9627.48

In less than 9 short months since Obama took office, the Dow has returned to its pre-9/11 level.



And it is not just the Dow. Look at the S&P 500.

S&P 500 on 9/11/2001: 1092.54
S&P 500 on 1/20/2009: 805.22 (Bush's last day/Obama's first day)
S&P 500 on 9/11/2009: 1044.14



The Bush administration oversaw the destruction of our markets... causing massive amounts of retirement savings, college funds, nest eggs, etc to simply disappear.

In 3/4 of a year, the Obama administration has seen the markets return to their pre-9/11 values.

Maybe the next thing they can do is return our Constitution to its pre-9/11 "values" as well.

[Tommy_J]

1. Excellent post

K & R

[scheming daemons]

2. Thanks... Some added numbers for perspective:

DJIA when Clinton took office:

3241.95


Just shows how much better Democrats are for your financial health than Republicans are.