No. of Recommendations: 2
It shows absolutely, in no uncertain terms, exactly who and what affected the economy as described by the Dow. It shows which party was in power as the Dow surged and it shows when the Dow Faltered.

One big problem with this: time lag.

The economy doesn't make step changes on inauguration day. The previous administration's policies continue to affect the economy for a while (years?) and the new administration's policies don't even kick in until congress is in session, etc.

So the correlation will be flawed, and I doubt it could be sorted out to pinpoint which policy caused which effect. Lord knows Clinton has tried to take credit for what was done by the Republican Congress!

Print the post  


When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.