'Both economic growth and stock market gains have been stronger under Democrats than Republicans, according to measurements dating back to Herbert Hoover.' Columnist hiltzikm explains:
Despite Trump’s claims, prescription drug prices are still rising.
What Trump can say is that his record so far is better than that of Republican presidents dating back to Hoover. The average annualized return of the S&P 500 since Hoover’s inauguration year of 1929 has been. The most notable difference here is between Hoover, who presided over a negative 30.82% annualized return during his term, and FDR, who notched a positive 33.28% annual return in his first term.
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