Friday, February 8, 2008

Democratic President vs. Republican President by the Numbers

Let's talk numbers.  These are pretty simple ones, but they tell an interesting story.

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:

wheelsonthebus said...

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