Stock Market Performance Quotes



The New York Stock Exchange had closed for the day after the assassination of President Kennedy. Lyndon Johnson called Funston to express his appreciation:


Ironically, the Republican Presidents who had no business experience did much better with the American economy—Nixon, Eisenhower, and Reagan than the Republican businessmen. And the one Democrat who was a successful businessman—Jimmy Carter—presided over a terrible economy. The key variable seems to be business experience which gives leaders a false sense of being able to control things more than is real and develops an empathy with a narrow slice of the electorate—other businessmen—who are much more interested in short term profits rather than the health of the economy as a whole.