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In November 2020, The Washington Post cited a study by CFRA Research that the stock market (as measured by the S&P 500) averaged the following annual rates of return, under different control scenarios, from 1945 to September 2020: [24] Democratic president with split Congress: 13.6%; Democratic president with Republican Congress: 13.0%
Then, at the end of February 2020, COVID hit, the skies emptied and the average price of an airline ticket fell off a cliff and bottomed out at $186 in May 2020. By the time Biden took office, the ...
2. Kennedy: 1.1%. 1961-1963. Slow and steady was the inflation rate during JFK's short presidency. This was the tail end of the idyllic 1950s, and tax cuts helped stimulate the economy even more.
Average Annual Inflation Rate: 2.8% George W. Bush’s term was characterized by periods of recession — first in 2001, then in 2008 — which kept inflation in check.
CBO also estimated that if policies in place as of the end of the Obama administration continued over the following decade (i.e., the January 2017 10-year forecast or baseline), real GDP would grow at approximately 2% per year, the unemployment rate would remain around 5%, inflation would remain around 2%, and interest rates would rise moderately.
Presidential elections were held in the United States on November 3, 2020. [a] The Democratic ticket of former vice president Joe Biden and the junior U.S. senator from California Kamala Harris defeated the incumbent Republican president Donald Trump, and vice president Mike Pence. [9]
For instance, the misery index reached 15% in 2020, indicating that President Trump was vulnerable in that year's race. To be sure, plenty of other factors could sway voters this year, from ...
However, from December 1982 through December 2011, the all-items CPI-E rose at an annual average rate of 3.1 percent, compared with increases of 2.9 percent for both the CPI-U and CPI-W. [28] This suggests that the elderly have been losing purchasing power at the rate of roughly 0.2 (=3.1–2.9) percentage points per year.