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Joined 2 years ago
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Cake day: July 5th, 2023

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  • Just gonna steal this from someone else, but

    Longer than that, I bet. This report from EPIAction doesn’t specifically mention spending increases and decreases, but all other economic indicators have been better under Democrats than they have under Republicans for at least 75 years.

    Since 1949, there has been a Democratic advantage in the average performance of key macroeconomic indicators measuring economic health, including:

    Gross Domestic Product (GDP) growth

    Job growth

    Unemployment rate

    Growth in inflation-adjusted wages

    Growth of market-based incomes per capita

    Inflation

    Interest rates

    The US economy has performed better when the president of the United States is a Democrat rather than a Republican, almost regardless of how one measures performance…The superiority of economic performance under Democrats rather than Republicans is nearly ubiquitous: it holds almost regardless of how you define success. By many measures, the performance gap is startlingly large.