The next time your crazy, Tea Bagging Uncle Muggs bloviates on how that Kenyan, socialist usurper in the White House and every pinko commie Democrat president (and he will say “Democrat” instead of “Democratic” because that’s the way Tea Baggers speak) are giving away the hard-earned cash of America’s job creators to the moocher class, pull out this chart (via Bloomberg):
A couple of things to point out.
1) The “job creators” put their money in the stock market because they have so much of it. There’s no where else to put it. The “moocher class” doesn’t put money in the stock market, because, hey, ya gotta eat. So, really, who do you think is suffering when a president actually talks about raising a minimum wage? That guy with the top hat and the monocle on the Monopoly board?
2) The premise of this chart is flawed, because anyone who knows anything about investing in the stock market will say you don’t pull all your money out of it when there’s a president of a different party in office. Surely, you can’t believe that the minute Bill Clinton and Barack Obama walked in the White House, the billionaires funding the Tea Party called their stock brokers and said “Sell everything. We’ve got to get out of this commie market!” They left their cash where it was, and the billions flowed in.
On the other hand, your crazy, Tea Bagging Uncle Muggs is the kind of guy who did sell all of his stocks and buried his cash in his backyard bomb shelter when the hated Democrats took power.
That might explain why he’s so pissed off that his retirement fund that “hasn’t done Jack” since he built his portfolio when Dick Nixon took office. (I would have said “began his 401(k),” but those didn’t exist until Jimmy Carter’s administration, and Uncle Muggs would never put his money in anything that was created when that peanut farmer was president.)
Yeah, that chart proves the Democrats hate capitalism. After all, it grows like weeds when they’re in office.