http://www.bloomberg.com/news/2012-02-22/stocks-r…
I think that says everything right there buddy....
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That number is skewed ever since Al Gore invented the Internet during the Flowers/Lewinsky/Jones Administration . . .
A couple of things:
All spending and tax bills originate in the lower house Not all democratic or republican presidents have had full majorities of their same party in control of the houses of congress for the full period of their presidency Not all macroeconomic trends start or stop based solely on dates of elections and inaugurations
Plus we're creating 250,000 jobs per month on avg I believe, instead of bleeding 750,000 jobs per month. Does supply side economics (trickle down theory) work?
Agree with seabird.
The actual effects of a given policy can take years to emerge. This type of analysis is overly simplified. For example, something that was implemented by a Democratic President during the middle of his term could take years to materialize and could land right in the middle of or in the beginning of a Republican term. Subsequently, any efforts of the Republican President to remedy the poorly implement Democratic policy could also take a few years to become effective.. and by that time a new Democrat President could be in the office benefitting from Republican efforts. There could be a lag of a few years.
A lot of these people writing for Bloomberg are journalists first and finance guys second (some of them are just idiots, like this Bob Drummond guy). I quickly learned not to read into everything that's on there.
Not even a valid arguement. You have to look at the congress make up. The president is just a talking idiot for the most part.
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