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Republicans cause 5 times more Job Killing Recessions!!!
A paper written by two Princeton University economists, Alan Blinder and Mark Watson.
The paper, published in July 2014, found that the economy tends to do better under Democratic presidents by numerous measures. The authors looked at quarterly economic data from 1947 through mid 2013 and the National Bureau of Economic Research’s official list of recessions.
Since 1947, there have been 11 official recessions, totaling 49 recessionary quarters. Of those 49 quarters, just eight occurred under Democratic presidents, compared to 41 under Republicans. So, over the past 65 years, quarters in recession were about five times more common under a Republican president than under a Democratic president.
Looking at how many recessions started under Republicans, the difference is even more stark, noted Blinder, the co-author. Of the 11 recessions since 1947, nine under Republicans, compared to just two under Democrats.
Every Republican President in History Caused Recessions or Depressions
Clinton Created More Jobs than Reagan + Bush1 + Bush2 COMBINED!
A paper written by two Princeton University economists, Alan Blinder and Mark Watson.
The paper, published in July 2014, found that the economy tends to do better under Democratic presidents by numerous measures. The authors looked at quarterly economic data from 1947 through mid 2013 and the National Bureau of Economic Research’s official list of recessions.
Since 1947, there have been 11 official recessions, totaling 49 recessionary quarters. Of those 49 quarters, just eight occurred under Democratic presidents, compared to 41 under Republicans. So, over the past 65 years, quarters in recession were about five times more common under a Republican president than under a Democratic president.
Looking at how many recessions started under Republicans, the difference is even more stark, noted Blinder, the co-author. Of the 11 recessions since 1947, nine under Republicans, compared to just two under Democrats.
Every Republican President in History Caused Recessions or Depressions
Clinton Created More Jobs than Reagan + Bush1 + Bush2 COMBINED!