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2016 Postmortem
In reply to the discussion: My 401K is up 711%. It dropped in value 67% under Bush -updated 1/20/2015- [View all]mikekohr
(2,312 posts)34. Update to thread, My 401K is now up 711%
To all the naysayers out there, it is clear now to everyone that President Obama is undeniably the most successful president of modern times when measured on his economic accomplishment.
If Republicans in Congress would agree to raise the minimum wage to 120% of the poverty rate (as it was originally set), and tie it to the CPI (as their pay is), then much of the remaining work that needs to be done in the economy will be accomplished. That and a revitalization of the Labor Movement in this country.
President Obama can not accomplish these last actions without co-operation from Congress amd/or without action and pressure on Congress from us.
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My 401K is up 711%. It dropped in value 67% under Bush -updated 1/20/2015- [View all]
mikekohr
Sep 2013
OP
really. I dropped probably 70% under Bush - but since then have gained
Laura PourMeADrink
Sep 2013
#32
There's a lot of difference between a 'standard managed fund' up 527%, and the DJ up 70%
muriel_volestrangler
Sep 2013
#16
A standard managed fund has grown at 47% a year for 4 years nine months?
muriel_volestrangler
Sep 2013
#20
The increase includes my contributions and my employer's contribution and match
mikekohr
Sep 2013
#21
Are you going to blame the Republicans at all? They're the ones who are obstructing
Liberal_Stalwart71
Sep 2013
#9
Thank you Captain Obvious, let me correct some assuptions you made out of thin air
mikekohr
Sep 2013
#11
Working People Are the First To Feel the Pain of An Economic Meltdown, and the Last
mikekohr
Sep 2013
#29