Stock market charts show that the economy does better under democrat presidencys then republican presidencys over the last 40 years
I am confused as to why the stock market clearly performs better under democratic presidents than republicans. Just looking at the historical 30 year historical charts of the Dow Jones clearly shows that the stock market performs a lot better under democrat leadership.
The reason why I am confused is because republicans act like democrats are terrible at running the country and act like if they raise taxes just 1% or 2% then the economy will collapse and go into a recession. But history tells a different story just looking at the 30 year historical charts shows that the overall health of the stock market performs fairly well under democrats. The economy also has been real sluggish under the last 2 republicans George W. Bush and George H.W. Bush. The economy did perform well under Ronald Reagan, but horrible under Richard Nixon. So in the last 40 years of presidents the economy has only performed well under one republican president Ronald Reagan, but not as well as it did under Bill Clinton.
Chart 66 months into presidency
Chart 88 months into presidency
Dow Jones chart of last 30 years
So my question is why do republicans act like Obama and Bill Clinton have been terrible to the U.S. economy when the historical charts say otherwise?
Why does Trump act like Bill Clinton and Obama were a disaster for the economy when the charts say otherwise? I am not a big fan of politics don’t want to get into heated discussions just wondering why don’t democrats point this out that the Dow Jones charts say otherwise?
Are republicans just living in a fantasy that things are just always terrible under democrats? Or does the country just always think the grass is greener on the other side?
About author: ~Alex Cassity lives in Salt Lake City, Ut with his beautiful wife.
#politics #markets #stocks #dow #money
Source: http://www.macrotrends.net/ was used for these visual charts.
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The stock markets are unfortunately a poor indicator of economic health. Stocks cater to the wealthy, and booming stock markets are merely a sign that the rich are getting richer.
True
Furthermore, we have to remember that stock prices respond POSITIVELY to inflation. When the dollar loses buying power, the price of everything else (including stocks) goes up. This creates the illusion that the stock market is healthy, when in actuality it is just more expensive.
There is a very simple explanation:
other countries
Economy is a global game. Whatever the party...