I'm not holding my breath.

 

Social Security. Medicare. Unemployment compensation. Minimum wage laws. The Environmental Protection Agency. Each of those programs are popular with the voters. When reactionary politicians try to phase one of those programs out they run into effective resistance.

 

I have never seen any GOP politicians abolish any of those entitlements, or any of those regulatory commissions.

 

Though I've voted republican more than democrat, since 1901 the stock market has done much better when we have a democrat for president and a republican congress. Take a look at this.



Stocks do better when there’s a Democratic president and a Republican Congress

*not_secure_link*ei.marketwatch.com//Multimedia/2015/10/27/Photos/ZH/MW-DX908_deadlo_20151027134657_ZH.jpg?uuid=b7e5b7f6-7cd2-11e5-8ab2-0015c588e0f6

 

Stock markets tend to be strong investments, when there are no other strong investments to be made.

When investment capital cant be invested because it is taxed and given to the federal fucking government to be redistributed, investing goes to the stock market, it appears.

 

The Democrats try to chip away in a sneaky fashion. For example; increasing the cost of Medicare to pay for other things such as Obamacare. You're right in that the Republicans don't do that.

 

Makes sense

 

Just goes to show that you've got no clue what economic systems are... You seem to think there are only two, capitalism and everything else you hate... Your ignorance is astounding for one who claims to be educated.

 

Lets get some facts on this first, shall we;

The increase in premiums and deductibles can be blamed on a number of things, including a shrinking number of plans being offered to seniors and ever-higher drug prices.

In the past 10 years plans available have been eliminated, now there are only 26 plans, 10 years ago, there were 55 plans available. Fewer competitors equals cost fixing.

The vast majority of recently approved cancer drugs, many of which are complex biologics targeting specific genes, now cost six figures annually, up from less than $10,000 in 2000.

The surging cost of prescription medicine has put payers and patients in a tough spot. Insurers need to keep costs down so that premiums don't increase too quickly, but they also need to protect their already thin margins in order to stay in business and, as a result, patients are being asked to pay more for their insurance and their medicine than ever before. That's an untenable situation given that it could mean seniors are faced with choosing between paying a monthly bill and filling a prescription.

Now I ask, how much responsibility does the passing of ACA have to do with all or any of this?

 

It does? It sounds like a desperate reach to me..

At any rate, since for most working folks, their IRA and 401k retirement accounts are their biggest asset, this is not something to just ignore. Unless you're not planning on saving for retirement.

 

Not a desperate reach at all . . business needs to invest, does it not?, when business cant invest in it's own, they turn to the stock market, I believe ''investing'' is a tax haven loop hole.

 

All of what you stated happened and it didn't matter if we had a Republican or a Democratic party running the country. I'm talking in terms of hits on entitlements such as Social Security. There were hits and one hit was the increase in Medicare to help fund Obamacare on top of increases in premiums as a result of all you mentioned. My point was that no politicians were stupid enough to try to eliminate the entitlements but they have been chipping away and devaluing them a little bit at a time.

 

The chart goes back to 1901. That's 114 years being accounted for. You can use some weird science varieties of math if you want but the results are still the same. Since retirement portfolio's are important to most of us, this is an interesting chart.

Bottom line, stock market does best with Dem President and Rep Congress.

 

Biggest liquid asset, many own homes. Regardless, I would have agree with Ace in that it is not a desperate reach. Businesses are driven to the market for tax relief and potential growth of capital and individuals are driven to the market for the same reasons. Those 401(k) and IRA accounts are managed by fund managers who invest in stocks, are they not? Also, those funds grow tax free until you withdraw, do they not?

 

This is what The Wall Street Journal has to say about that: "Since 1900, the Dow has averaged a 7.8% annual gain under Democratic presidents, compared with a 3% annual gain under Republicans."
*not_secure_link*blogs.wsj.com/marketbeat/2012/11/06/what-an-obama-win-may-mean-for-stocks/


I am not sure if Republican congresses have done much good. Democrat presidents have usually had Democratic congresses.

 

And that's all that matters, doesn't it.?

 

Again, it's an interesting chart. It's only one chart though and statistics have an awful habit of lying. Bottom line, I would need to see more in order to trust it's validity and say for sure that there is nothing manipulating those facts.

 

Yeppers, it's all there in the pretty graph, AND I have explained why it is so.

 

Apples and oranges, DL. Not relevant as the statement made by Rixer and the claim made by the chart is for a democratic president and republican congress.

 

Donald Trump is a misogynistic racist. He has filed bankruptcy more times the Mickey Rooney has been married.

He himself admits that he doesnt have the experience to be President saying, I will just hire people to do it.

Why vote for someone who cannot do the job.