Impeachment Schmepeachment

[kenberg]

From an investment standpoint, the best situation historically for increasing US stock market values has been a Democrat in the White House and Republican control of Congress.

 

What do they say on the investment offers? Past performance does not guarantee future results? Something like that. In fact I do think a Democrat in the WH and a Republican Congress could work well. Just not this sort of Republican Congress.

[kenberg]

To add a little more, as I was driving up to Brookly the other day I was reflecting on the Interstate Highway system, begun under Dwight Eisenhower with the Natioanl Defense highway Act. I also benefited from the National Defense Education Act, also signed by Eisenhower. It's true that Ike had to work "Defense" into these bills to get them passed but they got passed. Maybe the ACA should have been called the National Defense Affordable Care Act.

[PassedOut]

What do they say on the investment offers? Past performance does not guarantee future results? Something like that. In fact I do think a Democrat in the WH and a Republican Congress could work well. Just not this sort of Republican Congress.

Yes, the situations that have worked well (for the stock market) have been when one side has full control of congress and the other side the White House. Both sides have had to compromise and neither could do anything extreme. Second best has been a Republican President and a Democrat congress. The deadlocked situation with congress split, as now, has usually worked poorly for investors.

 

Of course the sample size is never going to be large enough to make serious predictions, but this has been the case for the past century at least, and makes some sense from the perspective of reliable stability.

[PassedOut]

It occurs to me that doing nothing is exactly what many voters want from government. Or that many voters dread unhindered action by either party, should they hold both houses and the white house.

In addition to investors, who tend to think this way (regardless of the small sample size), there are indeed people who vote that way on principle.

[blackshoe]

To add a little more, as I was driving up to Brookly the other day I was reflecting on the Interstate Highway system, begun under Dwight Eisenhower with the Natioanl Defense highway Act. I also benefited from the National Defense Education Act, also signed by Eisenhower. It's true that Ike had to work "Defense" into these bills to get them passed but they got passed. Maybe the ACA should have been called the National Defense Affordable Care Act.

ROFL! Yeah. B-)