Democratic Factoids

 

Democratic Factoid: On January 20, 2009, (which happened to be President Barack Obama’s first Inauguration Day), the Dow closed down 3% at 7949.09. On April 21, 2015, the Dow closed at 17,949.59; the NASDAQ at 5014.10; and the S&P at 2097.29.  Since President Obama came into office, the Dow has more than doubled.

The unemployment rate in January 2009 was 7.8%. As of March 2015, the unemployment rate is 5.5%, a drop of more than 2%.

Point this out to your friends, family, and neighbors who are lamenting about their stock portfolios.

(The Dow numbers come from the CNNMoney web site. Unemployment statistics come from the Bureau of Labor Statistics.)

 

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