the dow jones industrial verdict on the bush years: down

unblock

(1000+ posts) Send PM | Profile | Ignore

Tue Jan-20-09 04:11 PM
Original message

the dow jones industrial verdict on the bush years: down

the dow jones industrial average when shrub took over: 10,587.59.
the dow jones industrial average as of now: 7,949.09

result: down 2,638.50, or 24.92%.
that works out to a loss of 2.82% per year.

yes, the dow jones is a wierd average to use and i'm not addressing issues like dividends, it's just a convenient, popular metric. it doesn't matter, any way you slice it it's not remotely pretty. the stock market rarely goes down over an 8-year stretch, but this is pathetic.

shrub set out to screw the majority in order to serve the interests of a narrow constituency, and at the end of the day, he screwed them, too.

Printer Friendly | Permalink | | Top

Powered by DCForum+ Version 1.1 Copyright 1997-2002 DCScripts.com
Software has been extensively modified by the DU administrators

Important Notices: By participating on this discussion board, visitors agree to abide by the rules outlined on our Rules page. Messages posted on the Democratic Underground Discussion Forums are the opinions of the individuals who post them, and do not necessarily represent the opinions of Democratic Underground, LLC.