Bulls, Bears, Donkeys, and Elephants

Tommy McCall compares the growth of the S&P stock index under Republican and Democratic presidents since 1929:

As of Friday, a $10,000 investment in the S.& P. stock market index would have grown to $11,733 if invested under Republican presidents only, although that would be $51,211 if we exclude Herbert Hoover’s presidency during the Great Depression. Invested under Democratic presidents only, $10,000 would have grown to $300,671 at a compound rate of 8.9 percent over nearly 40 years.

Facts continue to hold a liberal bias.

★ Thursday, 16 October 2008