Skip to content
Andrew Tobias
Andrew Tobias

Money and Other Subjects

  • Home
  • Books
  • Videos
  • Bio
  • Archives
  • Links
  • Me-Mail
Andrew Tobias
Andrew Tobias

Money and Other Subjects

Stocks Do SO Much Better Under Democrats

April 26, 2016April 25, 2016

I’ve long made this case . . . for example here in 2008: a New York Times infographic by Tommy McCall showing how $10,000 invested in the S&P since 1929 only under Republican presidents would have grown to $11,733 but to $300,671 under Democrats.

In 2012, I went back four more Republican years, to 1925, to match the four more Democratic years we’d just had, which changed the results to “less than $30,000” under Republicans but “more than $300,000” under Democrats.

(All these numbers exclude dividends.)

So with a new election looming, I’ve tried it again, this time going back yet another four Republican years, to 1921, to balance the four more Democratic years since 2012 — 48 years each — and this time I used the Dow instead of the S&P because the data were easier to come by.

Drum roll, please?

As of Friday’s close, your $10,000 would have grown to $41,380 under Republicans but to $575,324 under Democrats.

Vote blue, boys and girls.

Because as I’ve argued before, it’s not one of those flukes without causation — like the way you could seemingly predict the market depending on who won the Super Bowl. Republicans and Democrats have different governing philosophies that cause different economic outcomes.

Republicans promote inequality, thinking that the wealthy — being the “job creators” — should be lightly taxed while unions are busted, the minimum wage held low, Medicaid expansion rejected, and Pell Grants cut back.

But as Nick Hanauer so wonderfully explains, it is the middle class — the consumers — not the wealthy who are the job creators.  Democratic policies that boost the bottom 95% have repeatedly proven to grow the economy better than Republican “trickle-down economics” designed to advantage those already best off.

What’s more, Republicans are by nature conservative — and so, for example, blocked the American Jobs Act that would have revitalized our infrastructure: a terrific engine for economic growth. Democrats are by nature progressive — more apt to invest in the future.

Stock market performance seems to confirm that, over time, and in broad strokes, one governing philosophy serves most of us better than the other.

 

Post navigation

← When Uber Lets You Summon A Drone
Shameless Self-Promotion →

Quote of the Day

"A good prince will tax as lightly as possible those commodities which are used by the poorest members of society; e.g., grain, bread, beer, wine, clothing, and all other staples without which human life could not exist."

Erasmus

Subscribe

 Advice

The Only Investment Guide You'll Ever Need

"So full of tips and angles that only a booby or a billionaire could not benefit." -- The New York Times

Help

MYM Emergency?

Too Much Junk?

Tax Questions?

Ask Less

Recent Posts

  • I Have Your Weekend All Planned Out For You

    August 14, 2025
  • Tough On Crime (Unless She Worked With Jeffrey Epstein Or Stormed The Capitol)

    August 13, 2025
  • Bully . . . Bedlam

    August 12, 2025
  • Bankrupting Yet Another Enterprise; Threatening Your Life

    August 11, 2025
  • Don't Miss Today's Last Item: What A Soft Coup Looks Like

    August 8, 2025
  • The Mozart Of Math

    August 7, 2025
  • A Few Words About Death

    August 6, 2025
  • Paul Krugman -- And The Gospel Worth Spreading

    August 5, 2025
  • She's Not My Type

    August 4, 2025
  • Far Worse Than The Job Numbers . . .

    August 2, 2025
Andrew Tobias Books
  • Facebook
  • Twitter
©2025 Andrew Tobias - All Rights Reserved | Website: Whirled Pixels | Author Photo: Tony Adams