But seriously, EPI is a think tank with a left-leaning bias. This is a well-researched opinion piece, but an opinion piece nonetheless. Also the Cato Institute puts out articles that prove how small government principles work better than anything else.
Since World War II, the United States economy has performed better significantly on average under the administration of Democratic presidents than Republican presidents. The reasons for this are debated, and the observation applies to economic variables including job creation, GDP growth, stock market returns, personal income growth and corporate profits. The unemployment rate has risen on average under Republican presidents, while it has fallen on average under Democratic presidents. Budget deficits relative to the size of the economy were lower on average for Democratic presidents. Ten of the eleven U.S. recessions between 1953 and 2020 began under Republican presidents.
Of these, the most statistically significant differences are in real GDP growth, unemployment rate change, stock market annual return, and job creation rate (see #Statistics).
Well that’s certainly a sentence. Well done!
But seriously, EPI is a think tank with a left-leaning bias. This is a well-researched opinion piece, but an opinion piece nonetheless. Also the Cato Institute puts out articles that prove how small government principles work better than anything else.
Republicans don’t implement small government principles
Weird, Wikipedia has the same “opinion”
https://en.wikipedia.org/wiki/U.S._economic_performance_by_presidential_party
Wikipedia being used as proof and upvotes are raining. I’m done with this thread.
Brilliant, you said that with a straight face