Author Topic: Here’s what happened to the S&P 500 last time the government shut down (Support Shut Down!)  (Read 637 times)

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Offline AbaraXas

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  • Words full of sound and fury, signifying nothing.

...He notes that the peak-to-trough decline associated  with the shutdown of the U.S. government between Dec. 16, 1995 and Jan. 6, 1996 saw the S&P 500 drop 3.7%, “only to witness a jump of 10.5% in the subsequent month.

Also a reminder, when the government shut down in 1996, the same scare comments were used but it led to a balanced budget that those who were beating the fear drum, then took credit for. (cough, Bill Clinton, cough).

Don't be afraid of a government shut down if it forces the budget to balance. It is the ever expanding debt we should fear.  Support the shutdown.

Offline Rapunzel

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and we elected two Republicans to the senate that year.  Clinton won because Dole was ....... well  Dole.
“The time is now near at hand which must probably determine, whether Americans are to be, Freemen, or Slaves.” G Washington July 2, 1776

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