The Democratic advantage persists for unemployment especially changes in unemployment, wage and productivity growth, and stock market returns, although the differences are not as stark as they are for GDP. Alabama For Trump Flag. The economy is in recession about 7% of the time under Democrats as compared to 28% of the time under Republicans.
Alabama For Trump Flag
Republican presidents do tend to preside over lower inflation at least, but that is mostly to be expected given the generally more sluggish economic conditions during their terms. So the Democratic advantage is clear, but what about the sample size problem? Alabama For Trump Flag. Can that small number of data points be remotely conclusive? The Republican Party claims to be the party of maximum economic freedom and the prosperity that freedom makes possible. However, an analysis of economic performance since World War II under Democratic versus Republican presidents strongly suggests 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.
Limited Edition: Alabama For Trump Flag
Fact-checking groups have investigated similar statements and have found time and time again that they are true. Alabama For Trump Flag. Moreover, past research shows that stock market returns are also higher under Democrats.