To: tejek who wrote (541008 ) 1/6/2010 2:40:23 PM From: RetiredNow 1 Recommendation Read Replies (4) | Respond to Hey Tejek, I posted this on the Obama thread as well. Here's something to consider...Who was the best President since 1980? dailyopus.blogspot.com deficits and debt in this country. Every budget is presented to Congress by the President with his spending priorities. We also know that the President has to sign every Budget into law. So it is fair to say the President owns the debt created during his administration. national employment . He sets the agenda for what jobs and economic growth goals we have and policies that will help implement those goals. He suggests legislation to Congress to enact and he signs those bills into law. The President has a tenuous linkage with employment, but at the very least we can say he has a heavy hand in whether or not the economy grows, especially if he gets 8 years to influence it.stock market is the most tenuous connection of all, However, through the President's appointments to the Treasury, he has a great deal of leverage to move the economy, and as a result, markets. This was proven to be true most recently with the massive bailouts lead by the Treasury. Suffice it to say that the stock market represents all the information about how our country's economy is performing. If a President has done well in managing the economy, debt, and unemployment, generally we can expect that stock market returns will be good during those years.growth in these three key statistics that we all care about (Employment, National Debt, S&P 500) to see if we can tell who was the best President using these criteria. See the chart below.
