Candice Somerhalder
3 Reasons Why The Economy Has Done Better Under Democratic Presidents
Democratic presidents tend to preside over better economies than Republican ones, but that may be down to pure luck, according to a recent…Democratic presidents tend to preside over better economies than Republican ones, but that may be down to pure luck, according to a recent paper from Alan Blinder and Mark Watson at Princeton. Since the end of World War II, the U.S. economy has grown at an average real rate of 4.35% under Democratic presidents and only 2.54% under Republicans. So what gives? “Democrats would no doubt like to attribute the large D-R growth gap to better macroeconomic policies, but the data do not support such…Candice Somerhalder2 min read