SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Formerly About Advanced Micro Devices

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: RetiredNow who wrote (560159)4/11/2010 12:17:25 PM
From: TimF  Read Replies (1) of 1578467
 
The data you present. simply doesn't support your argument.

1 - A Negative stock market return is not "the destruction of our economy".

2 - The stock market is driven by many things besides government policy.

3 - Government policy is not only driven by the president

4 - and if you ignore those points you still have the fact that the majority of the Republicans listed have double digit annualized returns on the S&P (and positive returns by all the market indicators listed).

As for the debt increase - Percentage debt increase is a silly measurement. Is it really worse to increase the debt from a dime to a dollar ten (1000% increase) than it is to increase the debt from $10tril to $11tril (10%)?

By any reasonable measure Clinton's debt increase is the smallest of the president's listed, but Obama's will be the largest. Obviously in nominal dollars, but also in real dollars, or even by (what's probably the best measurement) percent of GDP.

Going by the data provided in the embedded graphic in your post, shows that in nominal dollars Obama has already increased the debt almost as much as Reagan did. (Of course its not just Obama, rankings by presidents ignore congress, which they shouldn't but I'm just going along with the theme of your post).
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext