- May 10, 2011
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U.S. stocks rose an average of 12% a year during Obama's two terms, according to S&P Global.Obama is proving to be the worst American president of modern times.
And more of his terrible decisions made are being exposed every day.
Trump once again told us the truth when he stated, "Obama left him a big mess."
Obama = BIG MESS FOR THE US.
TRUMP = MAKE AMERICA GREAT AGAIN.
M-Bob
That ranks Obama 3rd among the 12 men who have served as president since World War II, based on the performance of the S&P 500. Only Bill Clinton (under whom stocks rose 14.9% a year over 8 years) and the late Gerald Ford (18.6% annualized during his 29 months in office) presided over better markets. For more detail, see the chart below.
The 44th President had the advantage of starting from a grim stock-market low point: When Obama took office, on Jan. 20, 2009, stock investors were still in full lemming mode, fleeing from stocks in reaction to the bursting of the housing bubble and the realization that Wall Street balance sheets were pretty much termite-ridden, thanks to risky lending and financial engineering. But stocks touched bottom on March 6, 2009, and have been trending upward ever since.
From Fortune.com
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