Despite the claims by Republicans that Democrats are bad for business, the historical proof tells a different story. According to The Economist, quoting sources at Barclays Capital, the past 83 years shows a stark difference in stock market gains and losses under both Democratic and Republican administrations. The Democrats come out the clear winner.
Researching data and crunching the numbers going back to the stock market crash of 1929, Barclays reports that under Democratic administrations, the nominal share price has increased 460% while under Republican administrations it has increased 100%. The nominal share price, or par value, is the value as listed on the share certificate as opposed to the market share, which can be higher or lower than the nominal value. Investors are always more interested in the market price. More importantly, the cumulative value of shares has risen 300% under Democratic administrations. The Republicans? Nil. That’s right. Zero. Nada. A big, fat goose egg.
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