skews13
Diamond Member
- Mar 18, 2017
- 9,961
- 12,810
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Overview
• Read the ReportSummary: The economy performs much better during Democratic presidential administrations than during Republican ones.
Key findings
- 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
- This Democratic advantage is across the board in all variables we measure but strongest in private-sector outcomes—notably, business investment, job growth, and the growth of market-based incomes.
- Household income growth (adjusted for inflation) was faster on average and far more equal during Democratic administrations, and the Democratic advantage shows up for every group.
Why this matters
We suspect that the simple facts on economic performance during Democratic and Republican administrations aren’t well known. Providing accurate economic information at a time of rampant misinformation supports an informed citizenry.Given how clear the data are, it is striking that public opinion polling has consistently shown that voters rate Republicans more highly as the party that is better at managing the economy.
But it is our sense that the simple facts on real-time economic performance during Democratic and Republican administrations—and how starkly better this performance is during Democratic administrations—aren’t particularly well known. And these facts constitute important information people should have during this time of rampant misinformation.
![www.epi.org](https://files.epi.org/uploads/joish-quote-horiz-v1-950x534.png)
Economic performance is stronger when Democrats hold the White House
The economy performs much better during Democratic presidential administrations than during Republican ones.
![www.epi.org](https://www.epi.org/wp-content/themes/epi/img/favicons/epi-favicon.png)
Is the average American really this misinformed?
Are they that easily led by the nose of what they hear from conservative disinformation?
Are they just willfully ignorant to the facts right in front of them?
Is this just the proof that all mainstream media sources are partisan right leaning corporations that purposely misinform, and not allow their journalists to report these facts?
Do they not know how to do a simple google search?
A combination of all of the above?