Bill Clinton took office on January 20, 1993 and left office on January 20th 2001.
On the day he took office
Dow Jones Industrial Average: 3241.95
NASDAQ: 697.44
S&P 500: 433.37
Gold: ~$350.00/oz (couldn't find the exact figure but multiple articles referenced $350)
Oil: $19.82/barrel
Gas: $1.06/gallon
On the day he left office (and Bush took office) - January 20, 2001
Dow Jones Industrial Average: 10578.24 (Increase of 226.30%)
NASDAQ: 2757.91 (Increase of 295.43%)
S&P 500: 1342.90 (Increase of 209.87%)
Gold: $266.70 (Decrease of 23.8% - Higher priced gold means lower confidence in economy)
Oil: $27.69 (Increase of 39% - Not good, but just you wait)
Gas: $1.46 (Increase of 37.7% - Also not good, but just you wait again)
Closing Bell Yesterday (Bush with 347 days left to create more havoc) - February 8, 2008
Dow Jones Industrial Average: 12247.00 (Increase of 15.78%)
NASDAQ: 2293.03 (Decrease of 16.86%)
S&P 500: 1336.91 (Decrease of 0.45%)
Gold: $910.00 (Increase of 241.21% - Remember, an increase here is bad news unless you invest in Gold and are thus predicting lean economic times)
Oil: $88.11 (Increase of 218.20%)
Gas: $2.98 (Increase of 104.10%)
So, by the simple number that most people use to get a broad picture of our economic outlook in almost every category Bush has declined. The only major index to get better was the Dow which had anemic growth over the last 7 years.
So. Massive increases under Clinton, decreases under Bush. But hey. Democrats are fiscally irresponsible. Yeah, that's it.

1 comments:
This is what I NEVER understand. How in heaven's name do people say they are Republicans because they are fiscally more adept?
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