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Stocks [message #79643]

Tue, 13 April 2004 17:06

Crimson
Messages: 7431
Registered: February 2003
Location: Phoenix, AZ

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http://www.n00bstories.com/image.fetch.php?id=1209123062

Reaganonmics at work...

Regan comes into office with the NASDAQ at 150. He leaves office with it at 375 (more than double) for Bush Sr, who takes it up to 675 (almost doubled again, and 4.5 times what it was when Reagan took office).

Just as I say that Bush didn't cause the market continuing to fall for the next year after he took office, Clinton isn't the cause of the rise when he took office. It was on an upswing. Reagan's economic policies didn't immediately cease to be in effect when he left office. The tax law changes he had made continued to fuel the ecomony long after the Republicans lost the Presidency.

I also believe that if the Clinton administration hadn't gone after Bill Gates, the bubble might never have burst (at least not as badly as it did). the NASDAQ is made up heavily of technology-related stocks, and the impact of the Microsoft trials had reach far beyond Redmond, Washington. As they fell, other companies went with them. And of course it didn't help that their values were largely inflated for the prospect of future growth.

I'm the bawss.

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[Message index]

		Stocks By: IRON FART on Mon, 05 April 2004 21:50
		Stocks By: Crimson on Mon, 05 April 2004 21:51
		Stocks By: IRON FART on Mon, 05 April 2004 21:52
		Stocks By: Hydra on Mon, 05 April 2004 22:24
		Stocks By: gibberish on Mon, 05 April 2004 23:14
		Stocks By: IRON FART on Tue, 06 April 2004 12:59
		Stocks By: Crimson on Tue, 06 April 2004 13:31
		Stocks By: IRON FART on Tue, 06 April 2004 22:39
		Stocks By: cheesesoda on Wed, 07 April 2004 12:57
		Stocks By: Fabian on Wed, 07 April 2004 18:01
		Stocks By: SuperFlyingEngi on Wed, 07 April 2004 18:52
		Stocks By: Crimson on Thu, 08 April 2004 02:56
		Stocks By: gibberish on Thu, 08 April 2004 09:39
		Stocks By: SuperFlyingEngi on Thu, 08 April 2004 13:36
		Stocks By: Crimson on Thu, 08 April 2004 14:31
		Stocks By: SuperFlyingEngi on Thu, 08 April 2004 15:10
		Stocks By: Crimson on Thu, 08 April 2004 15:22
		Stocks By: gibberish on Thu, 08 April 2004 17:39
		Stocks By: Battousai on Fri, 09 April 2004 09:06
		Stocks By: IRON FART on Fri, 09 April 2004 21:42
		Stocks By: cheesesoda on Fri, 09 April 2004 21:49
		Stocks By: cokemaster on Fri, 09 April 2004 21:57
		Stocks By: frijud on Mon, 12 April 2004 12:21
		Stocks By: Hydra on Mon, 12 April 2004 22:38
		Stocks By: frijud on Tue, 13 April 2004 12:18
		Stocks By: SuperFlyingEngi on Tue, 13 April 2004 14:52
		Stocks By: Crimson on Tue, 13 April 2004 16:39
		Stocks By: Crimson on Tue, 13 April 2004 16:51
		Stocks By: Crimson on Tue, 13 April 2004 17:06
		Stocks By: IRON FART on Tue, 13 April 2004 18:02

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