Analysis of the S&P 500 over the past 50 years by Bloomberg Government reveals the not-surprising fact that stocks make larger gains under Democratic administrations than they do under Republicans.
The BGOV Barometer shows that, over the five decades since John F. Kennedy was inaugurated, $1,000 invested in a hypothetical fund that tracks the Standard & Poor’s 500 Index (SPX) only when Democrats are in the White House would have been worth $10,920 at the close of trading yesterday.
That’s more than nine times the dollar return an investor would have realized from following a similar strategy during Republican administrations. A $1,000 stake invested in a fund that followed the S&P 500 under Republican presidents, starting with Richard Nixon, would have grown to $2,087 on the day George W. Bush left office.
According to Senate Minority Leader Mitch McConnell, we're "living under the Obama economy." Whoops!
If Democratic administrations are as representative of socialism as the Right Wing would have you believe, perhaps socialism isn't so bad!
Based on a hunch -- I bet you could superimpose secularism over this chart and it would turn out that secularism isn't so bad either.
(via ThinkProgress)