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From: zen cycle <funkmasterxx@hotmail.com>
Newsgroups: rec.bicycles.tech
Subject: Re: Politics for the s5tupid 4 ticks
Date: Sun, 10 Mar 2024 07:52:31 -0400
Organization: A noiseless patient Spider
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On 3/10/2024 12:39 AM, sms wrote:
> On 3/8/2024 1:53 PM, Zen Cycle wrote:
>> On 3/8/2024 4:36 PM, Frank Krygowski wrote:
>>> On 3/8/2024 12:24 PM, Tom Kunich wrote:
>>>>
>>>> After Obama's Great Recession, which Flunky does not believe in, 
>>>> (BTW, this is a pure indication that Flunky does not have any 
>>>> investments) my investments went from $880,000 to $330,000 or more 
>>>> aptly, I was ruined. 
>>>
>>> What in HELL did you invest in? It must not have been U.S. stocks. See
>>> https://www.cnn.com/interactive/2019/business/stock-market-by-president/index.html
>>>
>>
>> Tommy didn't invest in anything. He has no investments other than his 
>> house which his mom gave to him. He never lost anything during the 
>> bush/cheney recession because he didn't have anything invested.
>>
>> He's so brole he can't even afford to replace the clogged faucets in 
>> his house, and he's such a cuckold his wife wouldn't let him spend the 
>> money on it anyway.
>>
>> IOW, he was ruined before he ever got a start.
>>
> 
> He’s just confused about what the market did and when.
> 
> Clinton
> -------
> 1993 9.97%
> 1994 1.33%
> 1995 37.20%
> 1996 22.68%
> 1997 33.10%
> 1998 28.34%
> 1999 20.89%
> 2000 -9.03%
> 
> Obama
> -----
> 2009 +25.94%
> 2010 +14.82%
> 2011 +2.10%
> 2012 +15.89%
> 2013 +32.15%
> 2014 +13.52%
> 2015 +1.38%
> 2016 +11.77%
> 
> Biden
> -----
> 2021 +28.70%
> 2022 -25.00%
> 2023 +26.29%
> 
> It was 2001-2008, during the George W. Bush presidency, when the market 
> had some steep declines due to the Republican-caused recession. The root 
> cause of the recession was defaults on mortgage loans, caused by 
> Republican deregulation of the banking industry. It was Republicans that 
> sought to weaken bank regulation.
> 
> Historically, the stock market has done better under Democratic 
> administrations, “the S&P 500 returned 8.4% annually on average under 
> Democrats, versus 2.7% under Republicans, a difference of 5.7% 
> percentage points.”
> 
> However it's important to understand that the stock market is not 
> necessarily the best indication of how the economy is doing. The 
> employment rate and unemployment rate are also important. Employment 
> went up by 0.13% under W, 1.04% under Obama, fell 0.51% under Trump, and 
> has gone up by 4.3% under Biden. For unemployment, the unemployment rate 
> fell under Democratic presidents by an average of 0.8 percentage points, 
> while it increased under Republican presidents by an average of 1.1 
> percentage points.
> 

I know that, you know that, tom knows that. Pretty much everyone knows 
that. Tom isn't confused, he's lying.