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Face it, democratic presidents are good for the economy

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  • #16
    I've also got the best point on my head .
    “I give you a new commandment, that you love one another. Just as I have loved you, you also should love one another. By this everyone will know that you are my disciples, if you have love for one another.”
    - John 13:34-35 (NRSV)

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    • #17
      Originally posted by Agathon


      Not this tired old rubbish from Milton Friedman's Greatest Hits again.

      If the economy picks up it was because of the tax cuts.

      BUT

      If the economy didn't pick up, it was because the tax cuts prevented it from getting worse.

      A classic case of an untestable (and therefore irrational) hypothesis. Imagine if everyone reasoned like this.

      More sophistry from the oafs on the right.....
      I am sure communism would be very helpful in screwing things up. Milton Friedman had much better ideas than Karl Marx.
      For there is [another] kind of violence, slower but just as deadly, destructive as the shot or the bomb in the night. This is the violence of institutions -- indifference, inaction, and decay. This is the violence that afflicts the poor, that poisons relations between men because their skin has different colors. - Bobby Kennedy (Mindless Menance of Violence)

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      • #18
        Originally posted by Fez

        I am sure communism would be very helpful in screwing things up. Milton Friedman had much better ideas than Karl Marx.
        If you are a rich pink blob with a curly tail, he did.
        Only feebs vote.

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        • #19
          Originally posted by Agathon


          If you are a rich pink blob with a curly tail, he did.
          Karl Marx had the wrong ideas and is long gone. As is communism.
          For there is [another] kind of violence, slower but just as deadly, destructive as the shot or the bomb in the night. This is the violence of institutions -- indifference, inaction, and decay. This is the violence that afflicts the poor, that poisons relations between men because their skin has different colors. - Bobby Kennedy (Mindless Menance of Violence)

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          • #20
            Originally posted by Fez

            Karl Marx had the wrong ideas and is long gone. As is communism.
            It's an ineluctable development of history. I shall look forward to sending you to the gulag.
            Only feebs vote.

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            • #21
              Originally posted by Agathon


              It's an ineluctable development of history. I shall look forward to sending you to the gulag.
              I am sorry but I am not booking any tickets to Cuba any time soon.
              For there is [another] kind of violence, slower but just as deadly, destructive as the shot or the bomb in the night. This is the violence of institutions -- indifference, inaction, and decay. This is the violence that afflicts the poor, that poisons relations between men because their skin has different colors. - Bobby Kennedy (Mindless Menance of Violence)

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              • #22
                Originally posted by Fez


                I am sorry but I am not booking any tickets to Cuba any time soon.
                they don't have tickets for the moethod of travel you will be using
                To us, it is the BEAST.

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                • #23
                  Helicoptor ejection?
                  meet the new boss, same as the old boss

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                  • #24
                    Originally posted by mrmitchell
                    Helicoptor ejection?
                    9/10. At least.



                    I was going to point out Carter as well, but Drake beat me to it.
                    "You're the biggest user of hindsight that I've ever known. Your favorite team, in any sport, is the one that just won. If you were a woman, you'd likely be a slut." - Slowwhand, to Imran

                    Eschewing silly games since December 4, 2005

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                    • #25
                      Well, Diss raises an interesting point....here's some data to toss into the mix for consideration:

                      When Carter (Dem) was elected, the Dow Jones slipped 4.4% over the next seven trading days (loss of 200% annually, had it continued)

                      Roosevelt's election in '32, the market dropped 13% (after it had already collapsed!)

                      Truman's election: Market loss of 10%

                      Kennedy: Largely unchanged

                      A brief look at immediate market reaction to the election of republican presidents:

                      Hoover ('28) +15%
                      Eisenhower ('52): +5%
                      Nixon ('68) +4%

                      However....

                      Before all you republicans out there start flag-waving, let's take a look at total market movements during the span of the administrations:

                      Net gains under Roosevelt: +165%
                      Under Truman: +71%
                      Under Kennedy/Johnson: +60%

                      and for the Rebublicans:
                      Hoover: -78%
                      Eisenhower: +120%
                      Nixon/Ford: +2%

                      Long term results, three big wins for the Dems, One win, one loss, and one push for the Repubs.

                      -=Vel=-
                      The list of published books grows. If you're curious to see what sort of stories I weave out, head to Amazon.com and do an author search for "Christopher Hartpence." Help support Candle'Bre, a game created by gamers FOR gamers. All proceeds from my published works go directly to the project.

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                      • #26
                        How about markets under Teddy Roosevelt, Wilson, Coolidge, Carter, Reagan, Bush I, Clinton, and Bush II?

                        I would imagine that market gains were the biggest under Clinton: ~300%.

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                        • #27
                          Don't have the data in front of me, LM, and am too bleary-eyed to go a-hunting....perhaps a job for some other enterprising soul?

                          -=Vel=-
                          The list of published books grows. If you're curious to see what sort of stories I weave out, head to Amazon.com and do an author search for "Christopher Hartpence." Help support Candle'Bre, a game created by gamers FOR gamers. All proceeds from my published works go directly to the project.

                          Comment


                          • #28
                            There should also be a disclaimer that the sample size is too small to prove anything .
                            “I give you a new commandment, that you love one another. Just as I have loved you, you also should love one another. By this everyone will know that you are my disciples, if you have love for one another.”
                            - John 13:34-35 (NRSV)

                            Comment


                            • #29
                              Well....the rest of the data is out there for the taking.....I'm just not the one to go get it....I'm off to bed!

                              -=Vel=-
                              The list of published books grows. If you're curious to see what sort of stories I weave out, head to Amazon.com and do an author search for "Christopher Hartpence." Help support Candle'Bre, a game created by gamers FOR gamers. All proceeds from my published works go directly to the project.

                              Comment


                              • #30
                                Re: Re: Face it, democratic presidents are good for the economy

                                Originally posted by St Leo


                                Are you claiming that he's a genius when it comes to foreign affairs?
                                not a genius.

                                none of you peaceniks might not believe it. But if the U.S. is going to survive as a nation, we have to take a hard line against other nations. We don't appease bad guys.

                                But I do hate his policy against Saudi Arabia. It's time to do something about them. Apparantly the royal family was involved in the 9/11 funding . And we treat them as allies? WTF!

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