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The economy performs far better under Democratic Presidents. This thread gives you some links and charts for arguing about it with your conservative friends. Let& #39;s start with a summary article from The Economist. 1/
https://www.economist.com/united-states/2014/08/09/timing-is-everything">https://www.economist.com/united-st...
https://www.economist.com/united-states/2014/08/09/timing-is-everything">https://www.economist.com/united-st...
The stock market performs better under Democratic Presidents. 2/
https://money.cnn.com/2015/10/28/investing/stock-market-democrats-republicans/">https://money.cnn.com/2015/10/2...
https://money.cnn.com/2015/10/28/investing/stock-market-democrats-republicans/">https://money.cnn.com/2015/10/2...
When comparing stock market performance through the first 3 years in office, Clinton was #1 and Obama #2. https://www.washingtonpost.com/business/2019/12/28/trumps-stock-market-rally-is-very-good-still-lags-obama-clinton/">https://www.washingtonpost.com/business/...
CNN updates a similar article periodically. As of March 23, 2020 (trading day 798) Obama was #1, up 75%. Trump peaked up 49% on Feb 19 and was at -1% at 3/23. https://www.cnn.com/interactive/2019/business/stock-market-by-president/index.html">https://www.cnn.com/interacti...
Economists Alan Blinder and Mark Watson did a detailed historical study of the subject that covered many variables. Among their findings: The unemployment rate fell by 0.8% points on average under Democrats, but rose 1.1% on average under Republicans. 4/
https://pubs.aeaweb.org/doi/pdfplus/10.1257/aer.20140913">https://pubs.aeaweb.org/doi/pdfpl...
https://pubs.aeaweb.org/doi/pdfplus/10.1257/aer.20140913">https://pubs.aeaweb.org/doi/pdfpl...
Since Eisenhower, the unemployment rate has increased under every Republican President& #39;s time in office except during Reagan& #39;s second term. It has improved under every Democratic President except Carter, where it was the same. https://www.usnews.com/news/blogs/data-mine/2015/10/28/which-presidents-have-been-best-for-the-economy?fbclid=IwAR3RZGHOPlt0WZQU3kvl8AuexXeEpYlts2CymxqGHL3R07vSd99za6_1TEo">https://www.usnews.com/news/blog...
Trump admitted the economy did better under Democrats in a 2004 interview. Wolf Blitzer tries to talk him out of it, but you see the results in the thread above. https://www.youtube.com/watch?v=rRndMiVIB-w">https://www.youtube.com/watch...
Private sector job growth has been about 2.5% per year under Democratic Presidents vs. 1.0% under Republicans. 3/
https://www.jec.senate.gov/public/index.cfm/democrats/2016/6/the-economy-under-democratic-vs-republican-presidents">https://www.jec.senate.gov/public/in...
https://www.jec.senate.gov/public/index.cfm/democrats/2016/6/the-economy-under-democratic-vs-republican-presidents">https://www.jec.senate.gov/public/in...
In terms of cumulative job creation % from start to end of term, Democrats are #1, 3 and 4 of the past seven Presidents. This link goes further back. https://www.thebalance.com/job-creation-by-president-by-number-and-percent-3863218">https://www.thebalance.com/job-creat... 5/
#1 Clinton (D)
#2 Reagan (R)
#3 Carter (D)
#4 Obama (D)
#5 Bush 41 (R)
#6 Bush 43 (R)
#7 Trump (R)
#1 Clinton (D)
#2 Reagan (R)
#3 Carter (D)
#4 Obama (D)
#5 Bush 41 (R)
#6 Bush 43 (R)
#7 Trump (R)
