Wednesday, October 15, 2008

Get The Facts

Found this amazing chart on the New York Times, thanks to Devilstower at Kos. Take a look (click to enlarge):

From the accompanying article:
So, here’s an experiment: imagine that during these years you had to invest exclusively under either Democratic or Republican administrations. How would you have fared?

As of Friday, a $10,000 investment in the S.& P. stock market index would have grown to $11,733 if invested under Republican presidents only, although that would be $51,211 if we exclude Herbert Hoover’s presidency during the Great Depression. Invested under Democratic presidents only, $10,000 would have grown to $300,671 at a compound rate of 8.9 percent over nearly 40 years.

It's widely believed that the Republicans are the party of big business and the investor class. Once again, the facts favor the Democrats.

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