Bush praises the performance of the Dow, it has broken its all time high, he is proud of 12 record closings during his entire 6 years in office that is an average of 2 a year. I wonder what he would do if his performance equaled that of Clinton. Would he claim he deserved the noble prize in economics if he ruled over 277 record breaking days; this is what Clinton accomplished. Clinton averaged 34.63 record days a year. Clinton 277 Bush 12.
On January, 20 1993, the Dow Industrial Average was 3,241.95 on January 20, 2001 it was 10,587.24. The Dow increased by 7345.29 points, it grew 226.57% during the Clinton years. That is 28.32% per year.
The Dow, when Bush took office it was 10578.24 and today it is 12194.13. It has gone up by only 16% in 6 years. That is an average of 2.6% a year. the Dow needs to climb to 23,987.51 in the next 27 months if Bush is to have the same rate of growth as Clinton
So what party does better?
2006-12-01
15:14:51
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21 answers
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asked by
Anonymous
in
Politics