Since ATS5G was kind enough to give us the link to this site: Political Calculations: The S&P 500 at Your Fingertips
it's easy to get the answer.
The real, total return from 4-99 thru 4-08 was a positive 0.99%.
However, if you look at the 8 years from 4-00 thru 4-08, you get a negative 2.03%.
I didn't look for the crossover point.
If you believe the BS inflation numbers that is true. With John Williams unfudged inflation numbers you are getting hit. Which best fits tonights headline stories on the Nightly News?