Was the Bush economy 2 times better than the Clinton economy ??

[kentuck]

The stock market went up to over 14,000 under GWB. Today, it is where it was in 1997, at the beginning of the second term of Bill Clinton. Does the stock market reflect the health of the economy or the problems within the economy?? It seems that the economy was doing pretty good in 1997. That was before the tech bubble burst and before the impeachment of Bill Clinton.

Are we now approaching a more realistic level for a healthier market? Is this about where it should be to operate at a level where the economy can grow and help all our citizens share in the rewards? It is obvious that the stock market is not a reflection of the health of the economy. In fact, it may be the thermometer that tells us how sick it is?

[WI_DEM]

1. Well, the stock market did grow unrealistically high, it was bound to go down sooner or later

[tridim]

2. Bush's stock market was propped up by a massive foundation of bullshit.

That's why it was so high, and that's why it failed.

I still believe the economic numbers for the last 8 years should be adjusted to reflect reality, but I assume they wont.

[theoldman]

3. The DOW is not the whole stock market.

I only consists of a few stocks. If you look at the whole market, stocks did not do so well. The NASDAQ never recuperated.

[lpbk2713]

4. It was artificially inflated with BushCo smoke and mirrors.

While the DJIA appeared to prosper, the federal budget was headed for the toilet
thanks to the inept and corrupt manipulation of the BushCo thieves and liars.

[fob]

5. kentuck, the obvious answer to your rhetorical question is, NO.

You've chosen a great way to answer the bs that the stock market IS the economy and to get the knuckledraggers to try(notice the qualifier), TRY and use some critical thinking skills. So in that vein, here is some other info for the thinking impaired to help them answer the question correctly.

bush started with a surplus and a DOW 1/1/01 at 10646.15, so making it to 14,000(33% increase) from there. Jobs created: :shrug:

Clinton: 1/1/93 3309.20 12/31/00 11357.51 343% increase, three HUNDRED and forty three PERCENT
Jobs Created: >22 Million

and just for context:

bush*s dad 55% increase 2144.64 to 3309.22 (and during another republican't recession)
raygun (85-89) 79% increase 1198.87 to 2144.64