Originally Posted by
Scoop
Interesting - yes. Meaningful - no. For the most part Presidents just ride the economic waves they are dealt to the best of their ability. Case in Point - Bill Clinton. Elmer Fudd could have been president when the tech boom and the internet took off in the mid to late 90s and the market would have done great. Did Bill Clinton cause the tech boom or did he just happen to be President when it took off. Well in fairness he did have Al Gore as his VP who did in fact invent the internet.
Scoop
How is not meaningful that a 96 year average of left vs right favors the left by a gigantic margin? 15% vs 10%
$100 invested in 1927 =
$67m for Democrats (15%)
$1m for Republicans (10%)
A 67x difference is not luck.