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

 The Dow Jones during President Obama’s term:

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 tock Market Vote of Confidence for Bush” href=”” target=”_blank”>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 tock-market-performance-by-president” target=”_blank”>this chart of recent two-term presidents illustrates.


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

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

  1. All I know as a non expert in finance is every predictor and expert prior to the 2016 election said that DT could not get a GDP over 3% (he has), that unemployment would stagnate ( it hasn’t), that jobs going over seas were not coming back ( they are), that NAFTA was the best deal possible ( it wasn’t), that North Korea could not be dealt with ( better so far, but we will see), that DTs agenda would cause a world wide economic collapse ( it hasn’t), that DT would see a drop in the stock market well below that after 9/11 ( have you seen it today). Like I said I’m no expert but I voted for Trump and I was more right then all of these experts!

  2. The Dow overall during GW’s term -26%. Obama +144%. It isn’t rocket science. All you GW Bush fans send me $100,000 each and I will return it to you with -26% and then you can spend the next 8 years making up a BS way to blame it on me.

  3. The upturn in Bush’s first term occured when the GOP gained a legislative majority in the Senate. He came into office after the bubble broke. The downturn in Bush’s 2nd term came when DEMs gained legislative majority and DEM senators Franks & Dodds in control of the Senate Banking and Finance Committee put a scteeching break on the US economy. The Bush White House petitioned that committee 14 times or more to be statesmen and unfreeze the finance or we would see a collapse; but, they put partisan politics ahead of patriotism and did not… Until O was elected with a trillion dollar slush fund for economic recovery which Bush (however wise or unwise, patriotically) prepared for him. Additionally Bush had to deal with the repeal of Glass-Steagal (Clinton-Franks-Dodd) and the Community Reinvestment Act that led to the need to factor out mortgage risks (derivatives rose) and when Finance was frozen (Franks-Dodds) the housing bubble burst. Perhaps that is a more complete picture than, our party good, your party bad.

  4. 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!”

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