News on Politics and Religion with Rants, Ideas, Links and Items for Liberals, Libertarians, Moderates, Progressives, Democrats and Anti-Authoritarians.
Sunday, March 04, 2012
Stocks better than Social Security? Think Again.
What if you could have followed the GOP advice and pulled all of your Social Security money into the stock market in 2000. How much money, in both nominal and real terms would you have now?
At the end of Bush's eight disastrous years you would have lost half of your money, more if inflation adjusted.
Since Obama's policies went into effect you would have doubled your money since that low point.
Republicans, bad for the stock market, bad advice, bad for everyone.
From Three U.S. Indexes Since 2000.
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