It seems like such a funny boast, because it's so idiotic...
DOW under Bush 10,495-13,326
Dow under Clinton 3,371-11,497
S&P 500 B: 1240-1506
S&P 500 C: 443-1439
What these numbers tell are that Clinton didn't have to have every day announced at an all time high because every day was...all the markets being at an all time high is that we haven't completely gone in reverse...how hard a concept is that to understand
2007-05-13 03:12:33 · 8 answers · asked by gunkinthedrain 3 in Politics & Government ➔ Politics
Were it not for the B U S H I O T S, the Dow would be above 20,000 by now.
[ Ever wonder why there is no index of Military-Industrial Complex companies?! Sure would be curious to see how it behaved since the start of the Iraq War. ]
2007-05-13 03:21:37 · answer #1 · answered by Ben 5 · 0⤊ 3⤋
And how much of the market under Clinton was fueled by the dot-coms which eventually crashed and burned?
Clinton had little to do with the market's jump in the 1990's, just as Bush has little to do with it now. The chairman of the Fed (Greenspan then, Bernacke now) has much more influence on the market.
And sassyk is a moron to think that people invest based on who is in office or when they will be leaving. Most people have a long-term investment strategy that has little if anything to do with Washington.
2007-05-13 10:23:28 · answer #2 · answered by TheOnlyBeldin 7 · 0⤊ 0⤋
Most people get their information from the media, a contaminated source, instead of going to the stock page and finding out for themselves. The concept is easy. But most people are too lazy to bother with the truth and would rather play "ain't Bush awful:"
2007-05-13 10:22:54 · answer #3 · answered by Alicia 5 · 1⤊ 0⤋
If you removed the names and only posted the numbers, there is no comparison. How much does this conflict in Iraq contribute to the stock market, lots of business connected with fighting? How much does the illegal and cheap overseas labor contribute to the bottom line of corporations? Did anyone let Ford and GM know about this boom in the economy? One disruption in the flow of oil and we are going to be in a world of hurt in this country.
2007-05-13 10:26:04 · answer #4 · answered by Anonymous · 0⤊ 1⤋
funny you left out Nasdaq.
I'd bet you think that 5000+ in Nasdaq has nothing do to with Clinton only Dow Jones and S&P do.
and why did the Stocks MArket started going down before Clinton left the office if he was so good????
2007-05-13 10:17:39 · answer #5 · answered by Boomer 4 · 2⤊ 2⤋
October 29,1929 -12.82% drop in the market.
October 19 1987 -22.9% drop in the market
No president can determine the whims of the market .
It is the single largest speculative money making and redistribution system second to none . Only gambling comes close and we all know that losers like in the stock market far out weigh the winners .
2007-05-13 10:19:20 · answer #6 · answered by Anonymous · 0⤊ 3⤋
Compare this time to the time right before the 1929 crash and you will realize this is the "fool's rally". The fed must have printed some more worthless money to give the market a boost.
2007-05-13 10:22:46 · answer #7 · answered by anya_mystica 4 · 0⤊ 2⤋
I think it is high right now because people are investing again knowing that Bush will soon be out.
2007-05-13 10:19:08 · answer #8 · answered by Anonymous · 1⤊ 4⤋