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Saturday, September 10, 2011

Retired Investor says he's Better off Today, no need to go to Paul Ryan's Plan.

I loved a recent response at Town Hall, over a Guy Benson opinion, where he wrote,

Paul Ryan has put forward a detailed economic plan -- and a damn fine one at that -- for public scrutiny and criticism.

But there's the rub. Paul Ryan didn't like the scrutiny for his damn bad plan, and whined about it. You don't criticize leaders. Here's what one great comment looked like:
This double dip recession brought to you courtesy of the Tea Party?

Stock market performance under George W. Bush compared to Obama's first two years.
------------DJIA-----NASDAQ-----S&P500
1/20/01---10,588-----2,770-------1,343

1/20/09----7,949-----1,441---------805

1/20/11---11,823-----2,764-------1,280

Please take a look at the Destruction of Wealth under George W. Bush and the Republican Party.
DJIA, -25%.
NASDAQ, -48%.
S&P500, -40%.

First two years of Obama.
DJIA, +49%.
NASDAQ, +87%.
S&P500, +59%.

YES, as a retired investor, I AM better off today than two and a half years ago.

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