« Podcast: J.T. Mullen, CFO, Cleveland Foundation | Main | A to Z Survival Guide for Uncertain Times »

Say What?

October 14, 2008

I know...this is supposed to be a blog about philanthropy. But this chart on the op-ed page of today's NY Times is...well, an eye-opener. For those who can't make sense of it, Tommy McCall, the chart's creator, lays it out:

"As of Friday, a $10,000 investment in the S.& P. stock market index would have grown to $11,733 if invested under Republican presidents only, although that would be $51,211 if we exclude Herbert Hoover's presidency during the Great Depression. Invested under Democratic presidents only, $10,000 would have grown to $300,671 at a compound rate of 8.9 percent over nearly 40 years."

(click for larger chart)

Dems_gop_opchart_full_7

(Hat tip Gary on The Big Picture blog)

Back to our regularly scheduled program...

-- Mitch Nauffts

Comments

Feed You can follow this conversation by subscribing to the comment feed for this post.

Indeed, very interesting.

I'd have to assume that at least some of results are context-free due to events that were non-political such as the dot.com mania that drove the market during the Clinton years (and the resulting bust after he was gone) and of course, the market damage done by 9/11.

What would make this chart really useful would be if they added a timeline to it so we can see some of these events and then really get a sense of what political decisions drove the markets up or down, and what may have been good (or bad) timing for the sitting party.

But def. very interesting to check out!

Verify your Comment

Previewing your Comment

This is only a preview. Your comment has not yet been posted.

Working...
Your comment could not be posted. Error type:
Your comment has been saved. Comments are moderated and will not appear until approved by the author. Post another comment

The letters and numbers you entered did not match the image. Please try again.

As a final step before posting your comment, enter the letters and numbers you see in the image below. This prevents automated programs from posting comments.

Having trouble reading this image? View an alternate.

Working...

Post a comment

Comments are moderated, and will not appear until the author has approved them.

Contributors

Quote of the Week

  • "[L]et me assert my firm belief that the only thing we have to fear is...fear itself — nameless, unreasoning, unjustified terror which paralyzes needed efforts to convert retreat into advance...."


    — Franklin D. Roosevelt, 32nd president of the United States

Subscribe to Philantopic

Contributors

Guest Contributors

  • Laura Cronin
  • Derrick Feldmann
  • Thaler Pekar
  • Kathryn Pyle
  • Nick Scott
  • Allison Shirk

Tweets from @PNDBLOG

Follow us »

Archives

Tags