NationStates Jolt Archive


Bush = Bad economy?

Rotovia-
16-11-2005, 02:20
I'm currently studying a Certificate III in Financial Planning/Diploma of Finance whilst working as a trainee Paraplanner at a finance firm and recently realised something, when I was going over market reports.

There's a minor dip in overall American share prices, five minutes after every Bush speech I could I find.

If anyone has a list of speech times by Bush, that'd be of interest to me.

I'm not drawing any conclusions, yet. It is just a little interesting.
Pure Metal
16-11-2005, 02:25
i studied economics and contemporary economic issues at cardiff business school and yet i don't need that to tell me bush is bad for the economy :p ;)
Vetalia
16-11-2005, 02:25
However, at the same time you have to take in to account the gigantic rallies that occured in the week after the election in 2004, which were primarily due to the fact that investors liked Bush much more than Kerry.

The main reason why prices dip is because investors get afraid of what he's going to say; generally, the president speaks when something important is happening, and instability always rattles the market.
Cahnt
16-11-2005, 11:12
Sounds plausible. Does rotovia have figures for the impact of Clinton's speeches on share prices? It'd be interesting to clear up whether this is a general thing or just wall street shitting itself whenever Bush steps up to the microphone...
Daistallia 2104
16-11-2005, 11:25
Sounds plausible. Does rotovia have figures for the impact of Clinton's speeches on share prices? It'd be interesting to clear up whether this is a general thing or just wall street shitting itself whenever Bush steps up to the microphone...

Yes indeed. It would be good "ammunition" either way. :D
Osutoria-Hangarii
16-11-2005, 11:33
Sounds plausible. Does rotovia have figures for the impact of Clinton's speeches on share prices? It'd be interesting to clear up whether this is a general thing or just wall street shitting itself whenever Bush steps up to the microphone...
it won't matter to anyone whether it's unique

If it happens for Clinton, it's "proof" he's bad for the economy

If it happens to Bush, it's "proof" he's bad for the economy


goddamn politics

they make me cry
Mariehamn
16-11-2005, 11:44
goddamn politics
they make me cry
Here, wipe your tears away with the new, softer "Wallstreet Journal." *offers new, softer "Wallstreet Journal" to Osutoria-Hangarii* Its not only economically smart, when you're done crunching the numbers, you can wipe your a...er...tears away with it!

So its settled: politcs is bad for the capitalist economy.
Osutoria-Hangarii
16-11-2005, 11:47
Here, wipe your tears away with the new, softer "Wallstreet Journal." *offers new, softer "Wallstreet Journal" to Osutoria-Hangarii* Its not only economically smart, when you're done crunching the numbers, you can wipe your a...er...tears away with it!

So its settled: politcs is bad for the capitalist economy.

i already wipe my ass with the nyt, but thanks, I'll use the wsj for my tears :)

you're a real friend *hugs*
Mariehamn
16-11-2005, 12:48
i already wipe my ass with the nyt, but thanks, I'll use the wsj for my tears :)
you're a real friend *hugs*
*tears of laughter* :D
Deep Kimchi
16-11-2005, 16:53
i studied economics and contemporary economic issues at cardiff business school and yet i don't need that to tell me bush is bad for the economy :p ;)

Gosh, I guess the steady increase in GDP over the past year, despite Katrina and increased energy prices, counts as "bad".

I guess that keeping inflation under control during that growth is "bad'.
Pure Metal
16-11-2005, 16:57
Gosh, I guess the steady increase in GDP over the past year, despite Katrina and increased energy prices, counts as "bad".

I guess that keeping inflation under control during that growth is "bad'.
yes and i guess turning a 500 trillion dollar clinton surplus into a 500 trillon dollar defecit is really good.

and you're talking about the last year... he's been in since 2000 you know :rolleyes:

*plus cough cough unemployment*


oh and of course, clinton keeping control of inflation during the years of much higher growth rates is a bad thing... well, what is a bad thing is bush not keeping this performance up.
Deep Kimchi
16-11-2005, 17:00
yes and i guess turning a 500 trillion dollar clinton surplus into a 500 trillon dollar defecit is really good.

and you're talking about the last year... he's been in since 2000 you know :rolleyes:

*plus cough cough unemployment*

Actually, the true national debt was never paid down - there was a budget surplus per year, but not 500 trillion. And our current deficit is not 500 trillion.

And the unemployment isn't as bad as Germany or France...

I have a much better job now than I had under the Clinton years, with much better benefits, pay, etc. I live in a better house. I drive a new car. I have much less debt than I had during the Clinton years.
Iraqstan
16-11-2005, 17:40
I think you're missing the need of this thread Deep Kimchi from what I read Rotovia wasnt attack the current government, he was just curious about fluctuations in the stock market every time the president spoke.

I for one am interested to find out if it has happenedwith every president or is it just cause Bush seems to be a real hard liner on certain things that the stock market has a coronary every time he speaks.

So yeah, everyone want to lay off the political defense and maybe read the post properly before going 'OMFG TEH ECONOMY ISNT TEH BAD!'

It was a simple question asking for some evidence correlating his discoveries not an invitation for a debate on former presidents and the economy.

Sheesh.

EDIT noticed yer not theo nly one laying down the ammunition already. Apologies.