Re: The S&P 500 is up over 40% since Joe Biden took office!
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The last year
()
Date: June 13, 2024 04:35PM
The last year of a President's term tells you pretty well how good a job he did the first three years. If things are going pretty well, the incumbent President has probably done at least all right. Good enough that things did not crash and burn, at least. But if a President's fourth year of his term sucks, say, the economy crashes or a lot of people die needless deaths, it is also a pretty good indication that he fucked some things up pretty bad in the first three years. That President is not likely to win reelection.
Recent history proves this.