Repub. or Demo. Who's better for the eco nomy?

“Buck up little fella.”

“I'm bucked up. Me and my friends are very happy. We don't listen to the doom and gloomers such as yourself.”

“Of course, me and most of my friends have been too busy making upgrades on our new houses to worry. (seriously)

(plus I've been too busy posting on TT)
last edited: 2/24/06 11:10:45 AM”

“I'm up in nearly every catagory of income and standards of living. Plus I'm looking at an $8,500 raise this coming year.

Yeah, life sucks...”

“How much of that raise you passing my way?”

“None. Raises go into the investment portfolio as if I never got it. Keeps me from living outside of my means. I'll buy ya 6er though.”

“This is a cut and paste of a comment I made on the OTHER SITE about the stock market. I'll probably get beaten with a green cane for dragging it over here.


Historically, if you want a greater stock market return, just elect a Democrat as president. For the last 100 years at least, when the White House is occupied by a Democrat, stock market gains were almost 4% higher. According to this study the Clinton years were the best stock market combo, Democratic President and Republican Congress. I started investing heavily at 24 when Clinton took office. My portfolio still smiles. Put a Democrat in office for two terms after the Bush years of horozontal movement, keep the Pubs in congress and I might be retired! The current Republican dominated years should be a good time to add new money to your portfolio.

Using historical averages since 1901, the Dow Jones industrial average has increased 7.2% a year when a Democrat occupies the White House, compared with 3.6% for a Republican president, according to a recent study by Ned Davis Research Inc., of Venice, Fla.

Give the Democrat a Republican Congress and the increases rises to 9.6%.

When a Republican president has a Democratic Congress, the Dow goes up 6.3%, the study found.
The past 100 years of history does suggest that a Democratic President is better for the stock market, the GDP and per capita income. It makes sense for them to go hand in hand. The cycle may not be based on policy but just consequence. I don't know the reason just the facts. I know under the past 3 Republican White Houses, the deficit has soared. Just like your home budget, if you spend more than you make you've got problems. The latter part of the Clinton adminstration was the first time in most of our lives that we actually started to pay off the national debt. They even hung a curtain over the national debt clock. With "Helicopter Ben" taking the reigns of the Fed from Alan Greenspan, the market may make some big dips and bounds till investors get a feel for the guy. Greenspan was an inflation hawk, most believe that "Helicopter Bin" is not. Out of control inflation is a nuclear bomb to the market. Hopefully Ben has the right stuff. I can weather some stroms yet, I'm 37 and have a while before I'm extracting from my portfolio.
last edited: 2/24/06 11:46:43 AM”

“The facts are biased against Bush.”

“any study trying to connect stock market returns/economic performance with a political party in power is going to be wildly inaccurate for several reasons.

1. external factors - WWI, WWII and any other conflict which may or may not be instigated by the US has tremendous impact on the economy

2. lag. for example, supply side tax cuts are based upon long term growth in productivity and technology. see Solow Growth Model for discussion long term economic growth. meanwhile, increased government spending is going to have a more immediate impact.

3. the federal reserve. every action by congress to control the economy through tax cuts/spending changes can and is often counteracted by the federal reserve to limit inflation. although the fed has the dual mandate of fighting inflation and maintaining employment, inflation typically wins out and should in my opinion. national debt/deficits only matter to the extent that they affect interest rates, and other variables such as foreign savings(which are huge right now) and fed policy have just as much of an effect if not more.

4. small sample size
last edited: 2/24/06 12:16:51 PM”

“I think the economy runs itself, for better or worse, inspite of whichever party is in power.”

“Libertarian.....the less government "help" the better”

“NEW YORK (CNNMoney.com) -- Treasury bonds rallied Tuesdays as investors bet that a change in control in Congress after the midterm elections could lead to greater fiscal discipline in Washington.

If the Democrats take control of the House, as expected, and possibly the Senate, which is less of a sure bet, that could make it harder for Republicans to cut taxes and Democrats to raise spending - the so-called gridlock that some experts say leads to less upward pressure on the federal budget deficit.

The bond market typically reacts well to more fiscal discipline since a lower budget deficit means the government has to sell fewer bonds to finance the deficit, which in turn helps support bond prices.

The benchmark 10-year Treasury jumped 13/32, or $4.06 on a $1,000 note, to yield 4.64 percent, down from 4.70 percent late Monday. The 30-year note surged 24/32, or $7.50 on a $1,000 note, to yield 4.73 percent, down from 4.79 percent. Bond prices and yields move in opposite directions.

http://money.cnn.com/2006/11/07/markets/bondcenter/bonds/index.htm?postversion=2006110711”

“CNN
Ha Ha!”

“Attack the messenger - not the message.

Stovy's mind is shooting blanks again.”

“I get a big kick out of violin's 'logic'.
LMAO!”

“Let's hope so, V. Let's hope so.




Politicans and diapers should be changed frequently, and for the same reason.”

“LOL..let see what the 4th quarter in America Looks like...(LOL).”

“Nice to see that you're an active cheerleader against your own country now.”

“XL, why do you hate America?”

“World financial markets rattled by US elections
by Roland Jackson
Wed Nov 8, 6:31 AM ET



LONDON (AFP) - Global finance markets have wobbled on fears that a Democrat victory in the US Congressional elections could prompt less market-friendly policies in the world's biggest economy.


Investors watched nervously as jubilant Democrats seized power in the US House of Representatives for the first time since 1994 and edged closer to taking the Senate, pushing European and Asian equities lower and weighing also on the dollar.

European indices eased off fresh five-year highs struck the previous day, while Japanese shares tumbled by more than one percent, as investors also feared that a split in power in Washington would create legislative gridlock.

"The European market started slipping lower (on Wednesday) with the Democrats taking power from the Republicans, traditionally thought of as more business friendly," said Michael Davies, an analyst with the Sucden brokerage firm in London.

London's FTSE 100 index of leading shares slid 0.53 percent to 6,211.00 points, Frankfurt's DAX 30 index dipped 0.44 percent to 6,334.20 points and in Paris the CAC 40 index shed 0.47 percent to 5,412.18.

The DJ Euro Stoxx 50 index of top eurozone shares lost 0.41 percent to 4,055.98 points.

The US dollar meanwhile staged a slight retreat against the euro and the yen.

"Although the outcome of US elections is unlikely to have a huge effect on the greenback, there are many that argue that if the Democrats win control of the House of Representatives, this will lead to a rise in protectionist policies or to political deadlock that could slow reforms," Davies added.

However, oil market analysts dampened talk that the vote would have an immediate impact on US foreign policy in the oil-rich Middle East.

In Asia on Wednesday, Tokyo's benchmark Nikkei-225 shares index lost 1.08 percent to close at 16,215.74 points.

A Democratic majority in both houses would have some effect on the Tokyo market but such an outcome has already been priced in, said Hiroyuki Nakai, chief strategist at Tokai Tokyo Research Center.

"Even with Republicans in the minority, they will come up with active policies in the run-up to the next presidential elections (in 2008)," Nakai said.

In Hong Kong, the key Hang Seng index closed 0.68 percent lower at 18,811.24 points.

Wall Street had rallied for a second straight day on Tuesday as Americans headed to the polls, with bullish investors stoking the leading blue chip Dow Jones index to all-time intra-day highs.

The Dow Jones Industrial Average closed up 0.42 percent at 12,156.77 points, although it had retreated from an intra-day record high of 12,196.32.

The technology-weighted Nasdaq composite gained 0.42 percent to 2,375.88 points while the broad-market Standard and Poor's 500 index finished up 0.22 percent at 1,382.84.

In Europe on Tuesday, equities hit peaks last seen in 2001, propelled by positive US trade and solid company results, traders said.

Frankfurt finished at 6,361.96 points -- the highest close since March 2001 -- and Paris shares ended at 5,437.78 points, which was the highest level since June 2001.

The FTSE meanwhile closed at 6,244.00 points -- last struck on February 6, 2001



http://news.yahoo.com/s/afp/20061108/bs_afp/usvotemarketsstocksforexeuropeworld_061108113120”

“"Global finance markets have wobbled on fears that a Democrat victory in the US Congressional elections could prompt less market-friendly policies in the world's biggest economy."

The negative impact of Globalization on America should be one of the first things dealt with by our new House.”

“I tell you what those that think the economy will tank because of the elections go ahead and buy some shorts.

Put your money where you mouth is.

Gridlock is good for the economy my money is buying and holding.

Tell me how it turns out for you a year from now.”

“I will be firing a bunch of the union thugs to hire illegals...they should be plentiful and legal. Will probably do the firing between the end of November and the end of December.

Hey the Union Thugs were a weight on the program anyway. (LOL)”

“"...The negative impact of Globalization on America..."
laqtis


Well, this ought to be be priceless. Having read Globalization and its Discontents, it would just be peachy fine and dandy if you'd explain your economic understanding of this issue, laqtis.

Since you don't seem to agree with Friedman, I wonder what you could teach Stiglitz about economics?


This should provide me with entertaining memories for years to come.”

“If you were any further up friedman's ass, you'd have grown colon polyps on your ears.
last edited: 11/08/06 3:51:47 PM”

“"Well, this ought to be be priceless. Having read Globalization and its Discontents, it would just be peachy fine and dandy if you'd explain your economic understanding of this issue, laqtis.

Since you don't seem to agree with Friedman, I wonder what you could teach Stiglitz about economics?"


No thanks. I'd much rather have discourse with a person who takes personal responsibility to use primary sources in their argument, rather than rely totally on the voices of others secondary sources provide.
last edited: 11/08/06 4:08:26 PM”

“Exxon or Mobile: which gas is best for my car?








bitter note - none of my candidates won. Not that any of the matter...............So pthhhhhhhhhhhhhhhhhhhhhht!
last edited: 11/08/06 4:22:12 PM”

“That's 'cause you live in that scheissehaus of a city.

Y'all don't count anyway!”

“It's nice to know the Dems reached their base this election:

Those who don't care, don't know, don't take personal responsibility, and those who don't stand for squat but think they know it all.

I hope you boys change your drool buckets often.
last edited: 11/08/06 5:27:25 PM”

“Good luck back on the "farm".”

“Catch that drool Phaed! It'll stain your fuzzy bunny slippers.”

“Thanks, Arky. You be careful of the PO-lice-men now. They're out ta getcha!”

“Hardly, Phed, considering many of them are my friends.

You be careful of the men in the white coats. 'Cause if they catch you, they'll drag you back home.”

“LOL! They'll drag me back to work, you mean!”

“You work as a peer counselor in a mental institution? Well I guess that's hardly surprising.”

“That's about as appropriate a description as any, I guess.”

“Do they let you wear a little plastic badge that says Sigmund Freud?”

“No. That would make it easy. They wear nametags that say things like "Software Architect" and "Network Engineer".

Trust me, though, your description is better.”

“Wow, they pretend to be Architects? That's more important than Ruler Of The Known Universe.
last edited: 11/08/06 7:13:16 PM”

“Mike Huckabee: "Republican Party is wholly owned subsidiary of Wall Street and the Corporations.":

http://www.youtube.com/watch?v=jRnAUFMSUZc”

“Wall St. opening way down100in the second minute and down and down.
last edited: 8/09/07 6:29:20 AM”

“Back up , Oh no , I knew this would happen when that Karzeye dude left town down ,hold own, updownup”

“I wonder if Huckabee's policies refelect his thoughts on anabashed coroporitism? I doubt it.”

“refelect anabashed coroporitism?

Spelling? You claim to have a degree? LOL
last edited: 8/09/07 1:51:18 PM”

“Good republicans have passed the secrets of capitalism down through the generations mostly mouth to mouth, but sometimes mouth to...

But, in the end the stock market has done better under dems.
last edited: 8/10/07 3:48:21 AM”

“Twenty years ago, Japan pretended their real estate was worth a whole lot more than it was. Then they installed handles on the sides of that RE to be used as 'slot machines'. One day the banks started falling apart, RE values fell and prices For goods fell.
Twenty years latter, Japan has lived and fought deflation, interest rates have been almost zero and the people aren't spending their money, instead are saving it in US markets.
Over the last few years, we in the US have had the same 'Lets pretend we are so rich' economy, but now that pretending doesn't last forever.
Unfortunately the event of 9/11/01 caused an extreme over reaction which we may be feeling for atleast as long as Japan has felt theirs'.”

“You and salebored should pair up for a trip.”

“We trip over each other all the time.”

““I'm agreeing with your original statement man. As far as the rest being my personal opinion.... well.... been sick lately and needed a prescription that you had to pay for? Been to Lowe's or Home Depot lately and got out for less than $50? Been grocery shopping and got out for less than $150? Priced a new car? Looked at what has happened to the Dow this past week and going on right now? (Unless the PPT gets busy this afternoon.)”
solitary hiker
10:33:44 AM
8/16/07

yes, yes, yes, yes, yes

But accepting your premise that I would say "no", I also look at the fact that my income has gone up, my standard of living has gone up, and we are one of the wealthiest nations on the planet, in the history of the planet. Am I better off than I was 1, 2, 5, or 10 years ago? Absolutely!”

“My first reply is NEITHER...if the elected official is more committed to the PARTY than the real bosses (US) I don't need them.”