|
Is it true?
Paul Krugman's column, in the New York Times, was followed by an interesting comment.
Quote:
If you took $10,000 to invest 50 years ago, and followed the pattern of investing in the S&P 500 during GOP presidencies, and at 5% in bonds & bank accounts during Democratic presidencies, you'd have about $60,000 today.
If you took the same $10,000 and reversed this, investing in the S&P only during Democratic presidencies, and keeping it in bonds & accounts earning 5% during GOP presidencies, you'd have about $350,000 today.
So conservatives should again ask themselves; "What works?"
|
I wonder if that statement is true?
__________________
The descent of man ~ Nixon, Friedman, Reagan, Trump.
|