Too many republicans think that they are better for the economy. Here is a Senate study that proves

[Maraya1969]

them wrong. I think this information should be included in our ads for the upcoming election.

It has often been suggested that Republicans are better at overseeing the economy than Democrats. However, an analysis of economic performance since World War II under Democratic versus Republican presidents shows that claims that Republicans are better at managing the economy are simply not true. While the reasons are neither fully understood nor completely attributable to policy choices, data show that the economy has performed much better during Democratic administrations. Economic growth, job creation and industrial production have all been stronger.

In fact, a recent paper by economists Alan Blinder and Mark Watson states: “The superiority of economic performance under Democrats rather than Republicans is nearly ubiquitous; it holds almost regardless of how you define success.” Fact-checking groups have investigated similar statements and have found time and time again that they are true. Moreover, past research shows that stock market returns are also higher under Democrats.








A lot more at this link.

https://www.jec.senate.gov/public/index.cfm/democrats/2016/6/the-economy-under-democratic-vs-republican-presidents?fbclid=IwAR1eZQg5PcbTYwAeiFs83cJ9XfltULmEpnVAcORF7vZeFsVK8e8LVWSi2Xg

[sandensea]

1. Plus budget deficits, which are almost always higher under GOP presidents

GOP: More deficits; but fewer new jobs and less growth.

Such a deal.

[jimfields33]

2. Wow look at carters job numbers

You’d think nobody worked during that time according to media and reputation. Carter got screwed big time on so many levels.

[sandensea]

5. Big Media.

If Wall Street isn't too fond of any one president, they can usually be counted on to drag said president through the coals.

[CaptYossarian]

8. The lazy media loves controversial and unqualified politicians.

They don't need to work so hard to find a story. The story finds them.

They adored Reagan for his old Hollywood stories. Then came his trickle-down theory that fellow candidate George Bush the Elder called "Voodoo Economics". Reagan ended up raising taxes 7 out of his 8 years eating jelly beans and playing the role of president.

Bush's son was dim-witted and his Veep was pure evil (before it was popular). There was sure to be weird stuff during their term, so reporting slanted in their favor. That warmongering, oil-based ticket didn't disappoint the media one bit.

Now we have a reality TV douchebag. He's a stupid, racist rapist and couldn't find his ample ass on a map. Perfect! Even left-leaning (supposedly) MSNBC gave him an eternity of free campaign time.

The last GOP president with a strong, robust economy was Eisenhower. Between that, and his warning us of the Military-Industrial Complex during his final speech, he'd be considered a progressive by today's standards. Much of his success was due to the federal highway system and the tax brackets that didn't screw working-class people. WWII and the New Deal put America back to work as well, which didn't hurt.

I hope President Biden will replicate that next-to-last sentence after he saves Democracy and American lives when he replaces Public Enemy #1.

[unblock]

3. republicans aren't in it for the economy, because that's a group effect.

republicans are in it for themselves at the expense of the group.

republicans offer tax cuts for the rich. this lets rich people cash out and take home more money than under democratic administrations, provided that their actual earnings aren't markedly better under democratic administration. republicans are happy to take the "sure thing" tax cut that they know helps them and chance the "probable, but unknown" effect that the republican administration's inferior handling of the economy at large will actually hurt their own personal bottom line.

they figure, most of the time, they'll be ahead. this is especially true because of tax gains deferred during democratic administrations and economic growth. say the economy grows for 8 years (obama, e.g.). now a rich person my have 8 years of capital gains they've been avoiding selling because they don't want to pay high taxes on it. now along comes donnie, who cuts tax rates. now rich people can cash out and pay taxes at a low rate on more 8 years of capital gains. the tax savings of nearly a decades of gains at the lower rate very likely more than makes up for a few years of under-performing economy.


beyond that, republicans cut regulations and enforcement for businesses that donate to the party, allowing those particular businesses to profit more, even while the rest of the economy may not do so well.


finally, republicans don't think things like full employment are a good thing. they don't want workers to have any negotiating power or even choice. they want workers to be desperate for jobs, to accept lousy working conditions and benefits and pay.

[Baked Potato]

7. Good points, thanks.

I would add there is not enough rich people to join together and elect Republicans in big elections. That’s why they have courted all the fringe groups to make up the needed percentages. Now, they are stuck with these people and the pot is boiling and Republicans don’t have the nerve to turn down the heat.

[rickford66]

4. Probably bubble up vs trickle down economics

More money, even a little more, in the hands of millions of poor or middle class Americans, is a tremendous boost to consumer demand. Only Republicans don't understand demand drives supply.

[Stallion]

6. The 3 Straight Recession/Depression Republican Party

we need to pound this point. Its a recurrent economic plague which has made retirement problematical for generations

[Cicada]

9. This is the eleventh straight recession starting while Repub is President

Chance? Could be. But the odds of 11 straight tails one in 2048.

Bill Clinton had the highest percentage job growth of fifty governors. He had highest percentage job growth as president among the 20 largest economies. Chance? Maybe. Odds one in 1000. But it could be because he worked until 2 or 3 in the morning every day taking a day off only a handful of times. When he and Al Gore met they spent the time talking about their favorite economists.

Clinton really did hire only the best. A Republican said his cabinet looked like the bar scene in Star Wars. Brains and looks aren’t that highly correlated. Clinton went for the brains. You want to try to out debate Donna Shalala? Good luck.

Just chance? I don’t think so.

[Maraya1969]

10. 11 recessions? That would go back a long time. Was there a recession after Reagan?

Or Nixon?

[Cicada]

13. Oh, 1980.

Here is a list https://en.m.wikipedia.org/wiki/List_of_recessions_in_the_United_States

[smirkymonkey]

11. Thanks for posting!

Very handy bookmark to have for future debates.

[Midnight Writer]

12. Even Trump knows this. Or at least he knew it a few years ago.

[Hermit-The-Prog]

14. rampant Reaganism ...

Rotten Ronnie is still their idol.