From 1/22/01 to 9/17/2008, the DJIA grew at a compound annual growth rate of 0.038692%

[w¡n9Nµ7 §£@¥€r 123]

DJIA closed on 1/22/2001 at 10578.24.

DJIA closed on 9/17/2008 at 10609.66.

(Source: Yahoo! Finance)

Compound Annual Growth Rate = 0.038692%

And this is the stock market Bush and McCain want to stick your Social Security money in

[almaty 19]

just wrong.

[GiGii 4]

This 0 growth is the same as a long term recession to me.

[IAMX 3,055]

Republicans realize playing the stock market there are winners and losers. They're playing the side of the winners. The losers, yet again, are the actual hard working people. Which is why Social Security needs to stay the way it is. It at least guarantees people who work they'll get something back when they retire.

Remember, Bush loves the elite:

So bear that in mind when he and McSame suggest tax cuts and who they want to benefit most.

Edited September 18, 2008 by SRVT

[alienlovechild 75]

Which is why Social Security needs to stay the way it is. It at least guarantees people who work they'll get something back when they retire.

How come your for individual liberty except when it comes to things like allowing people to choose retirement options? You can put all your money in Social Security but leave me out of your mad Ponzi scheme.

The people who paid into Social Security will get a fraction what they paid into it and you know it. The only alternatives are higher and higher taxes or more immigration to pay into a dying program. Younger people ain't gonna support a bunch greedy old (mostly) white people. The only solution is raise the eligiblity age to 70 or 75 for starters.

[mawilson 2,133]

Adjusted for inflation, it's actually negative.

US stocks have had a wasted decade.

[Heracles 417]

Republicans realize playing the stock market there are winners and losers. They're playing the side of the winners. The losers, yet again, are the actual hard working people. Which is why Social Security needs to stay the way it is. It at least guarantees people who work they'll get something back when they retire.

Social Security is a flawed system.

By the way SVRT I will give you one guess which country's citizens, on average, now have the largest retirement accounts.

PS We don't have a social security system but use a private mandatory 401K style system. Where every employer has to pay 9%, on top of your salary, into a retirement account of your choice.

[w¡n9Nµ7 §£@¥€r 123]

DJIA closed on 1/22/2001 at 10578.24.

DJIA closed on 9/17/2008 at 10609.66.

(Source: Yahoo! Finance)

Compound Annual Growth Rate = 0.038692%

And this is the stock market Bush and McCain want to stick your Social Security money in

Well, seeing how the DJIA "surged" today ... I figure I should redo this

DJIA closed today (9/18/2008) at 11,019.69.

Compound Annual Growth Rate from 1/22/2001 to today is now 0.005339%.

Huge improvement! :rofl:

[Mr. Big Dog 10,747]

That settles it then. Bush has proven to be a complete failure on all fronts.

Overall evaluation: Met Expectations. Back to Texas now! Quickly!

[w¡n9Nµ7 §£@¥€r 123]

That settles it then. Bush has proven to be a complete failure on all fronts.

Overall evaluation: Met Expectations. Back to Texas now! Quickly!

Met Expectations? Who wrote this persons goals, barney the dinosaur?

[Mr. Big Dog 10,747]

That settles it then. Bush has proven to be a complete failure on all fronts.

Overall evaluation: Met Expectations. Back to Texas now! Quickly!

Met Expectations? Who wrote this persons goals, barney the dinosaur?

Did you really expect anything from Bush? I sure didn't.

[w¡n9Nµ7 §£@¥€r 123]

DJIA closed on 1/22/2001 at 10578.24.

DJIA closed on 9/17/2008 at 10609.66.

(Source: Yahoo! Finance)

Compound Annual Growth Rate = 0.038692%

And this is the stock market Bush and McCain want to stick your Social Security money in

Well, seeing how the DJIA "surged" today ... I figure I should redo this

DJIA closed today (9/18/2008) at 11,019.69.

Compound Annual Growth Rate from 1/22/2001 to today is now 0.005339%.

Huge improvement! :rofl:

Ok, I forgot to multiply that by 100

The new CAGR is 0.5%. Still very pathetic.

[IAMX 3,055]

DJIA closed on 1/22/2001 at 10578.24.

DJIA closed on 9/17/2008 at 10609.66.

(Source: Yahoo! Finance)

Compound Annual Growth Rate = 0.038692%

And this is the stock market Bush and McCain want to stick your Social Security money in

Well, seeing how the DJIA "surged" today ... I figure I should redo this

DJIA closed today (9/18/2008) at 11,019.69.

Compound Annual Growth Rate from 1/22/2001 to today is now 0.005339%.

Huge improvement! :rofl:

This is a "Bush" improvement.

[kaydee457 13]

It has yet to be determined where the fault lies for this debacle......This thread's just another Bush bash fest.....

[w¡n9Nµ7 §£@¥€r 123]