RE:"During the 17 months of the Bush administration just about everything has gone wrong ....."
In the first 18 months since Bush became took office, the S&P 500 has dropped more than for any president in 75 years.
That is the worst record for any president, as measured by the S.& P., which dates back to 1927, and is nearly twice as bad as the record compiled over the first 18 months of Herbert Hoover's administration.
nytimes.com
PRESIDENT BUSH, who marked his 18th month in office this weekend, is off to the worst start of any president in the last 75 years.
At least, that is, as measured by the performance of the Standard & Poor's index of 500 stocks.
With the plunge in stock prices over the last nine weeks, the S.& P. 500 has now fallen 36.9 percent since Mr. Bush was sworn in on Jan. 20, 2001. That is the worst record for any president, as measured by the S.& P., which dates back to 1927, and is nearly twice as bad as the record compiled over the first 18 months of Herbert Hoover's administration. |
