A
Anonymous
Guest
Stock Market Has Zoomed Under Obama
While much of the discussion about Obama's economic performance has focused on jobs, that is not the only metric. Another one is the stock market, which has performed extremely well since Obama took office. The S&P 500 index is up 74% since Jan. 20, 2009. One has to go back to Dwight Eisenhower's first term (1953-1957) to find a President whose first term showed this much stock market growth. For people with no stocks and no jobs a surging stock market is of little consolation, but most people are employed and many of them have investments or retirement accounts that have soared under Obama. They may not regard his presidency as an economic failure at all.