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Republican Economic Failure Over the Years (Facts are Liberal) hide this posting unhide
QR Code Link to This Post The economy performs SIGNIFICANTLY better with Democrats in high office.
From the Krugman column:
"Last year the economists Alan Blinder and Mark Watson circulated a paper comparing economic performance under Democratic and Republican presidents since 1947. Under Democrats, the economy grew, on average, 4.35 percent per year; under Republicans, only 2.54 percent. Over the whole period, the economy was in recession for 49 quarters; Democrats held the White House during only eight of those quarters."
What's more, nine of the last ten recessions have begun with a Republican in the White House. And more than two thirds of the private sector jobs created since 1960 have been created under Democratic presidents, even though Republicans have held the office longer. The stats just go on and on...
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