{"id":4467,"date":"2009-03-27T05:44:06","date_gmt":"2009-03-27T10:44:06","guid":{"rendered":"http:\/\/www.shotinthedark.info\/wp\/?p=4467"},"modified":"2009-03-27T11:13:41","modified_gmt":"2009-03-27T16:13:41","slug":"curious-2","status":"publish","type":"post","link":"http:\/\/www.shotinthedark.info\/wp\/?p=4467","title":{"rendered":"Curious"},"content":{"rendered":"

The stock market does well for a president – Clinton – who, to be fair, was forced to do a decent, hands-off job on economic policy by a conservative congress, and to be even more fair was benefitting from the “Peace Dividend” Ronald Reagan gave him:\u00a0 “The President is responsible for the strong market<\/em>!”<\/p>\n

The stock market starts correcting into a mild recession as overvalued tech stocks correct at the very end of his term in office:\u00a0 “The President is not responsible for the market<\/em>!”<\/p>\n

The already-ailing market tumbles after 9\/11:\u00a0 “The President is responsible for the weak market<\/em>!”<\/p>\n

The stock market reacts to epic, welcome tax cuts by jumping to all-time record highs (taking employment and prosperity to equally-record levels):\u00a0 “The President has nothing <\/strong>to do with the market<\/em>!”<\/p>\n

The real-estate bubble – which inflated largely due to socialistic policies that largely pre-date his administration, and which his administration fought (albeit in an inconsistent and dilatory fashion, albeit less so than the Congress) – deflates, eating up a quarter of the market:\u00a0 “The President is responsible for the weak market<\/em>!”<\/p>\n

The stock market reacts to the election of a fabian socialist by shedding another 15% (from its high – 30% using election day as a baseline):\u00a0 “The President has nothing <\/strong>to do with the market<\/em>!”<\/p>\n

The stock market reacts to the new administration’s inept, disastrous first six weeks by burning up another 8% of its pre-crash value (15% using election day as a baseline):\u00a0 “The President really, Really, REALLY has nothing <\/strong>to do with the market<\/em>!”<\/p>\n

The market bounces back a few hundred points, amounting to less than 10% of its shrivelled value (around 5% of its Bush-era peak) in what most economists are calling a bear-market rally :\u00a0 “Look at this wondrous market The President has, in His infinite wisdom, given to we who are not worthy<\/em>!”<\/p>\n","protected":false},"excerpt":{"rendered":"

The stock market does well for a president – Clinton – who, to be fair, was forced to do a decent, hands-off job on economic policy by a conservative congress, and to be even more fair was benefitting from the “Peace Dividend” Ronald Reagan gave him:\u00a0 “The President is responsible for the strong market!” The […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[18,69],"tags":[],"class_list":["post-4467","post","type-post","status-publish","format-standard","hentry","category-pc","category-socialism"],"_links":{"self":[{"href":"http:\/\/www.shotinthedark.info\/wp\/index.php?rest_route=\/wp\/v2\/posts\/4467","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/www.shotinthedark.info\/wp\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.shotinthedark.info\/wp\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.shotinthedark.info\/wp\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/www.shotinthedark.info\/wp\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=4467"}],"version-history":[{"count":0,"href":"http:\/\/www.shotinthedark.info\/wp\/index.php?rest_route=\/wp\/v2\/posts\/4467\/revisions"}],"wp:attachment":[{"href":"http:\/\/www.shotinthedark.info\/wp\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=4467"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.shotinthedark.info\/wp\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=4467"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.shotinthedark.info\/wp\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=4467"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}