Under Clinton the Dow Industrial Average climbed 247%. That's right, 247. Under Bush it has been absolutely flat (0.5% as of yesterday). Factor in eight years of inflation and the long-term implied load of trillions in foreign debt, plus implied outyear costs of a neglected infrastructure, and your calculator will melt if you total up the difference between Dem and GOP administrations in national wealth. What you don't address in your specious piece is that Dems seek to revitalize the middle class economy, which is what drives the GDP, which in turns drives corporate sales/earnings growth. It's the WHOLE economy, stupid.
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Under Clinton the Dow Industrial Average climbed 247%. That's right, 247. Under Bush it has been absolutely flat (0.5% as of yesterday). Factor in eight years of inflation and the long-term implied load of trillions in foreign debt, plus implied outyear costs of a neglected infrastructure, and your calculator will melt if you total up the difference between Dem and GOP administrations in national wealth. What you don't address in your specious piece is that Dems seek to revitalize the middle class economy, which is what drives the GDP, which in turns drives corporate sales/earnings growth. It's the WHOLE economy, stupid.
Sep 10 13:48 pm
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