Tuesday, September 9, 2008

REPUBLICANS ARE ACTUALLY LOUSY FOR BUSINESS

A study done by Pedro Santa-Clara and Rossen Valkanov at UCLA in 1999 found that a Democratic president coincided with an 11 percent annual return in the stock market as opposed to only two percent under a Republican. The study also found that small companies do especially well under the Democrats - an average of 21% a year better for the smallest traded firms - as opposed to an 8% annual return for the biggest companies.

3 Comments:

At September 9, 2008 10:06 AM, Anonymous Anonymous said...

As a small business owner, I've been saying this for years. Unfortunately, small business consistently votes Republican because they have fallen for the Conservative sales pitch--and the media does not distinguish between IBM and Main Street. The NFIB, as well, seems to be all about big business, but touts itself as being for the small entrepreneurs. You'd think we'd be tired of being scammed.

 
At September 9, 2008 1:44 PM, Anonymous Anonymous said...

Of course the GOP is bad for business. If your basic policy is to drop all regulation and oversight, then businessmen are going to go wild with greed. The inevitable result is such disasters as the internet bubble and the housing bubble and next the oil bubble.

 
At September 13, 2008 11:52 AM, Blogger Joseph said...

Republicans are there when the wheel goes 'round, and yes they do screw up big-time. But, it was a socialist who came up with the idea of deficit spending (Keynes),so popular among modern world leaders. Republicans ape the spending habits first introduced by Democrats (Roosevelt, et al.); because that is the only way they are going to win elections. When Nixon said, "We are all Keynesians now," he was, in effect, officially announcing the death of fiscal responsibility on the part of government.
Reminder: the recent bubbles, i.e., dotcom, credit card, subprime mortgage and commodities (all the result of inflation),have roots going back to the 1997 wild monetary expansion courtesy of the Fed deluded by mathmetical models of growth in the money supply the brainchild of jackass economists.

 

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