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Bulls, Bears, Donkeys and Elephants

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unpossibles Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Oct-15-08 10:03 AM
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Bulls, Bears, Donkeys and Elephants
http://www.nytimes.com/interactive/2008/10/14/opinion/20081014_OPCHART.html

Bulls, Bears, Donkeys and Elephants

Since 1929, Republicans and Democrats have each controlled the presidency for nearly 40 years. So which party has been better for American pocketbooks and capitalism as a whole? Well, here’s an experiment: imagine that during these years you had to invest exclusively under either Democratic or Republican administrations. How would you have fared?

As of Friday, a $10,000 investment in the S.& P. stock market index* would have grown to $11,733 if invested under Republican presidents only, although that would be $51,211 if we exclude Herbert Hoover’s presidency during the Great Depression. Invested under Democratic presidents only, $10,000 would have grown to $300,671 at a compound rate of 8.9 percent over nearly 40 years.





This needs to be spread far and wide! People get caught up discussing tax cuts, and think they are doing better if given $300 (or whatever), but the facts say that the economy does better under Democratic administrations, hands down.
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