Tuesday, October 14, 2008

Who Earns The Most

We all know that the conventional wisdom says that the stock market will come back. If you stay in it long enough you will make money. But when will you make the most money - under republican rule or under Democratic rule?

Well, check out the graphs below from the New York Times.

$10,000 invested under Democratic rule since 1929 will have grown to $300,671 while if it was invested under republican rule, it would have grown to only $11,733. That's right - only 11 thousand dollars. Even if we exclude Hoover, it only grows to $51,211.

So much for the republicans and their superior economic policies!

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