I guess we'll have to take your word for all this as the graph has no timeline, and no explanation of what the numbers and % mean. I could overlay another graph line like you did and it would match as well. Bush's popularity starting in 2001. Or the average American's actual buying power over that time frame. Or the % of rights and freedoms we enjoyed over that time frame. Or the overall health of our environment over that time frame. Or the level of respect our nation has from other nations over that time frame.
This is fun! Graphs are like the Bible, you can use them to support any nutty arguement.
The 100% on the left is the peak of the NASAQ index and DOW index. The numbers across the bottom are days since the peak. The timeline is quite clear if dates like "
September 3rd, 1929" and "
March 11th, 2000" do a silly thing like establishing times.
"You might remember that the situation in the US was more than a little better in terms of economy, foreign policy, and human rights, than it is now."
Isn't quite true about the economy, which lost between $3T and $7T of peoples'
net worth after pursuing Clinton's economic policies. There was Enron, the destruction of AT&T, WorldCom, Global Crossing, the loss of hundreds of thousands of high paying tech jobs when the dot bomb bubble burst, and that people ended up borrowing against their homes to pay the taxes due to the Bush I and Clinton tax hikes.
Like it or not, W's economic policies of massive govt. spending and lower taxes, lower fed interest rates, and weak dollar are all the levers that the feds have to affect the economy for the better during times of crisis. FDR couldn't have been more proud - it was exactly his Depression Era playbook in action.
Unfortunately, you cannot sustain a strong looking economy based upon bubbles - like the stock market one the graph shows bursting, or the housing bubble that burst a year ago. You cannot grow govt. to any size, say by subsidizing money losing propositions like Solar or other alternate energy scams or universal health care without consequences. The govt. is simply already far too huge to be funded on INCOME tax - they've been taxing peoples' life savings/nest eggs since 2000, and the people are tapped. It might be a signal that things aren't working when the rich are paying 90% of the taxes, the lower several millions aren't paying taxes at all and more removed from paying them with each tax cut, and families have to work 2+ jobs to come close to making it.
It isn't exactly true about foreign policy, either. If I do remember correctly, Clinton used military force in at least Somalia, Kosovo, Bosnia, Afghanistan, Haiti, and Iraq - while N. Korea was secretly building nukes in spite of the Clintons' diplomatic deals with that country and Iran funded and built top notch proxy terrorist organizations like Hezbollah and the Taliban gained control of Afghanistan, and radical Islam grew unfettered.
(Note: I have no issue with Muslims in general, the very few extreme fundamentalists are dangerous to everyone).