Thursday, December 08, 2011

A Mortifying Picture of the S & P 500

Scary:

The PJ Tatler » A Mortifying Picture of the S & P 500: Words can be powerful. An image or, in this case, a chart, can be even more so.

The chart released by the Club For Growth shows the Standard and Poor’s (S & P) 500 Index in chart form, below: it reflects the status of the 500 leading companies in leading industries of the U.S. economy, capturing 75% coverage of U.S. equities, showing that President Obama’s third year in office is the worst of any president’s third year in office since S & P began keeping records.

President Year

S&P Return

Nixon 1971

14.3%

Carter 1979

18.4%

Reagan 1983

22.5%

Bush I 1991

30.6%

Clinton 1995

37.4%

Bush II 2003

28.7%

Obama 2011

1.9%

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