As the DJIA, S&P 500, and NASDAQ all head for the basement, with their chart curves looking like a BASE jumper's dream, I had to take a look at the markets during the last administration.
Here's what I found:
In the "Worst economy since the Depression", in October 2008, the DJIA was at its highest point EVAR!!!!!!
Between January 2001 and October 2008, the DJIA gained 2000 points.
Between the lowest and highest points during the Bush administration, there was a 6400 point increase. The lowest point was in September 2001 (gee, what happened then?)
As of the close of the markets today, the DJIA is lower than it EVER was during the Bush Administration.
I know I'm not the first to say this: IMPEACH OBAMA!
Monday, February 23, 2009
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