The Dow Jones during the Bush Years and the Obama Years

The Dow Jones during the Bush Years and the Obama Years

UPDATED January 20, 2017 and moved to the top of the blog to show all of Obama’s term with all of Bush’s term:

Are you better off today than you were four eight years ago? The Dow Jones during the Bush years peaked and spiked, taking the market on a harrowing roller coaster ride. Well if you invested stayed in the market for the past eight years, I think the answer…

was YES! four years ago and the answer is YES!!! right now.

Here are two charts that illustrate how much better off your investments were under Obama’s tenure than Bush’s tenure:

The Dow Jones during the Bush Years

Bush-Dow-1 The Dow Jones during the Bush Years and the Obama Years

 The Dow Jones during President Obama’s term:

Obama-Dow-1 The Dow Jones during the Bush Years and the Obama Years

And what does it mean?

“I have long believed that stock markets are the best barometer of the health, wealth and security of a nation. And today’s stock market message is an unmistakable vote of confidence for the president.”

Who said that? Oh yeah, that was Reagan’s Economic Advisor Lawrence Kudlow talking about Bush back in 2007. (via Krugman)

The success of the market during Obama’s term is pretty normal. The stock market is almost always better under Democratic presidential terms than Republican terms as this chart of recent two-term presidents illustrates.

Dow-Presidents-Comparison The Dow Jones during the Bush Years and the Obama Years

I think it’s pretty easy to predict what we’ll get from Trump.

2 thoughts on “The Dow Jones during the Bush Years and the Obama Years

  1. You know this is bullshit, right? The market corrected itself after the derivatives anomaly caused a near collapse on most of Wall Street. B. Hussein Obama had nothing to do with it. His presidency can rightfully claim no accomplishment outside of energizing the urban vote. I keep hearing all these bleeding hearts in the liberal media pronouncing, “Donald Trump says all the right things, but he hasn’t proposed a single act that supports his stated goals.” Well, you know what? He’s had 42 days. Obummer had 8 years and couldn’t even fix Obamacare, let alone take action on his Ayers, Ogletree, and Soros supported plans to subvert our republic. We fought and worked hard for 8 straight years, starting with the Tea Party movement, drove out the socialists, and elected a congress and governors that share our values. Right now is the reward for knowing we were right, standing up for ourselves, and having the patience to watch the rest of you throw whiny little fits on your cleverly named blogs. We won because we know what’s worth fighting for and how to turn words into action. The other thing we know that you don’t: money makes the world go ’round. Give people a dream, a chance at winning the lottery, a get rich quick promise, and they’ll pinch every penny, pull an investment portfolio up by its bootstraps, and join the wealthy shielded from the decline of our once great manufacturing economy. Those jobs aren’t coming back and we know it. Liberals, on the other hand, choose a message of failure: “bring us the poor, the meek, the underserved and we will feed, clothe, and shelter them in their fight to survive the challenges of a modern economy.” But the response they don’t hear is, “I don’t want to survive; I want to live!”

Leave a Reply

Your email address will not be published. Required fields are marked *