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Economic performance is stronger when Democrats hold the White House
#11
Ca Bob wrote:
Some economist at Princeton did this study a while back and found the effect existed for the entire 20th century, if I recall correctly. People speculated about the result as to why, one explanation being that Democratic presidents concentrated more on reducing unemployment, whereas Republicans concentrated on keeping inflation low to nonexistent.

That’s largely a function of the Fed. Nixon tried fighting inflation with wage and price controls, and they were a failure. About the only thing a president can do is advocate for fiscal responsibility, and despite their rhetoric, the Republicans haven’t done that in 40+ years.
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Re: Economic performance is stronger when Democrats hold the White House - by pdq - 04-04-2024, 12:23 PM

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