Sommer @ NYTimes: "The Obama Years: The Best of Times to Be a Stock Investor"

[spooky3]

http://www.nytimes.com/2016/08/21/your-money/the-obama-years-the-best-of-times-to-be-a-stock-investor.html?em_pos=small&emc=edit_my_20160822&nl=your-money&nl_art=3&nlid=33217952&ref=headline&te=1&_r=0

"President Obama hasn’t boasted much about the performance of the stock market during his time in office, but if he were inclined, he could do so with gusto.

The facts are inescapable: The Obama years have been among the best of times to be a stock investor, going all the way back to the dawn of the 20th century.

Consider that had you been prescient enough to buy shares of a low-cost stock index fund on Mr. Obama’s first inauguration day, on Jan. 20, 2009, you would now have tripled your money. Stock market performance of this level has rarely been surpassed.

Yet this performance has not been as widely celebrated or appreciated as past bull markets have been, nor is it a major issue in this year’s presidential campaigns. The main reason may simply be that the current bull market is suspect because it came after one of the worst declines in stock market history."

snip

I think this stock market performance is something Clinton should emphasize. Independents and Republicans who mistakenly believe that they do better when Republicans are in the White House need to face facts.

[whatthehey]

1. Two-sided problem here

A huge ratio of their side doesn't care because he's black and doesn't hate gays.

A huge ratio of our side doesn't care because only oligarchic corporatist bankster DINO toadies are supposedly investors and the rest don't want to be reminded that they missed the boat.

[spooky3]

3. I think you're right but those that feel that way are making a mistake.

Most people with any retirement savings are affected by the stock market. And when the President's performance has been good we need to tout it.

[unblock]

2. shrub was the worst 8 years, obama the best or very nearly the best.

anyone who says they do better under republican presidents is either an idiot or a liar.

or both.

republicans are better at selling a fantasy.

democrats are better at delivering the goods.