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Actually, the DJII and the canadian S&P500 are lower now than when W 1st took office. Everyone is in denial about something. [ ...reply just to this | comment on the story... | next new ] 13. Re: It's canadian just a correction. by Catch22 at Wed 31 Aug 9:20amscore of 1 in reply to comment 6 Actually, the DJII and the S&P500 are lower now than when W canadian 1st took office. Over the last 5 years the Dow Jones Industrial Avergage is down approximately 5%, S&P500 down roughly 20% and Nasdaq down roughly 45%. Given a historical norm of roughly 10% per year, that compares with a very rough norm of 60% increase. Of course, thats only with reference to capital gains and when you sell, and not as much dividends rents and interest. Likewise there has been a large shift from future generations to the wealthy today via tax cuts and deficit spending. While captal gains isnt a leading mechanism, the wealth production has tended to go to the wealthy.
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