culture, politics, commentary, criticism

Monday, January 19, 2009
Keeping score. This is one of the few chances we get to judge a pair of opposing-party, two-term presidents back to back. We limit our judgment to objective, quantitative, market-driven data.

If the sum total of Americans assets is a portfolio, the president is like a portfolio manager — so let's look at how well they performed, using the Dow Jones Industrial Average as a yardstick.


Clinton       3,255.99     10,587.59     + 325.2 percent

Bush 43       10,587.59     8,281.22     - 21.7 percent

To review: if you had invested $1000 in the Dow Jones Industrial Average stocks during Clinton's first inauguration, you would have had $3252 by Bush 43's first inauguration. The Clinton presidency gave you an average gain of 40.65 percent for each of his eight years in office.

If you had invested $1000 in the DJIA stocks during Bush 43's inauguration, you would have lost more than one out of every five dollars, leaving you with only $783 today. The Bush 43 presidency lost you an annual average of 2.72% for each of his eight years in office.

Similar results are obtainable with the S&P 500 index. The effect on the Nasdaq index is even more pronounced but we're ignoring it here because of the preponderance of 1990's Internet bubble stocks on that exchange.

Further observations along these lines are

Greatest Hits · Alternatives to First Command Financial Planning · First Command, last resort, Part 3 · Part 2 · Part 1 · Stealing $50K from a widow: Wells Real Estate · Leo Wells, REITs and divine wealth · Sex-crazed Red State teenagers · What I hate: a manifesto · Spawn of Darleen Druyun · All-American high school sex party · Why is Ken Lay smiling? · Poppy's Enron birthday party · The Saudi money laundry and the president's uncle · The sentence of Enron's John Forney · The holiness of Neil Bush's marriage · The Silence of Cheney: a poem · South Park Christians · Capitalist against Bush: Warren Buffett · Fastow childen vs. Enron children · Give your prescription money to your old boss · Neil Bush, hard-working matchmaker · Republicans against fetuses and pregnant women · Emboldened Ken Lay · Faith-based jails · Please die for me so I can skip your funeral · A brief illustrated history of the Republican Party · Nancy Victory · Soldiers become accountants · Beware the Merrill Lynch mob · Darleen Druyun's $5.7 billion surprise · First responder funding · Hoovering the country · First Command fifty percent load · Ken Lay and the Atkins diet · Halliburton WMD · Leave no CEO behind · August in Crawford · Elaine Pagels · Profitable slave labor at Halliburton · Tom Hanks + Mujahideen · Sharon & Neilsie Bush · One weekend a month, or eternity · Is the US pumping Iraqi oil to Kuwait? · Cheney's war · Seth Glickenhaus: Capitalist against Bush · Martha's blow job · Mark Belnick: Tyco Catholic nut · Cheney's deferred Halliburton compensation · Jeb sucks sugar cane · Poindexter & LifeLog · American Family Association panic · Riley Bechtel and the crony economy · The Book of Sharon (Bush) · The Art of Enron · Plunder convention · Waiting in Kuwait: Jay Garner · What's an Army private worth? · Barbara Bodine, Queen of Baghdad · Sneaky bastards at Halliburton · Golf course and barbecue military strategy · Enron at large · Recent astroturf · Cracker Chic 2 · No business like war business · Big Brother · Martha Stewart vs. Thomas White · Roger Kimball, disappointed Republican poetry fan · Cheney, Lay, Afghanistan · Terry Lynn Barton, crimes of burning · Feasting at the Cheney trough · Who would Jesus indict? · Return of the Carlyle Group · Duct tape is for little people · GOP and bad medicine · Sears Tower vs Mt Rushmore · Scared Christians · Crooked playing field · John O'Neill: The man who knew · Back to the top

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