You know that old saw about the economy doing better under Democratic presidents?

[Speedy]

It’s true:

https://www.nytimes.com/2021/02/02/opini...onomy.html

[Lux Interior]

My sweet summer child!

The economy does better under democrats because they pass legislation that helps the majority of people. Usually the people who need it more than others.

Under republicans, the rich get richer. It would trickle down, but the silly proles won't let republicans rule long enough!

[sekker]

And the highest rate of growth of the middle class etc was during Eisenhower, when tax rates could be as high as 90%.

https://www.politifact.com/factchecks/20...senhower-/

[Speedy]

sekker wrote:
And the highest rate of growth of the middle class etc was during Eisenhower, when tax rates could be as high as 90%.

https://www.politifact.com/factchecks/20...senhower-/

Aw, yes, Eisenhower, a centrist Democrat.

[RgrF]

Speedy wrote:
[quote=sekker]
And the highest rate of growth of the middle class etc was during Eisenhower, when tax rates could be as high as 90%.

https://www.politifact.com/factchecks/20...senhower-/

Aw, yes, Eisenhower, a centrist Democrat.
By today's standards, Ike would be an all out leftist and the Interstate Highway System would be privatized (after being built with public funds).

[cbelt3]

sekker wrote:
And the highest rate of growth of the middle class etc was during Eisenhower, when tax rates could be as high as 90%.

https://www.politifact.com/factchecks/20...senhower-/

And the massive post war economic boom that saw all that production turned to civilian uses, AND the fact that most other nations industries had been destroyed.

[sekker]

cbelt3 wrote:
[quote=sekker]
And the highest rate of growth of the middle class etc was during Eisenhower, when tax rates could be as high as 90%.

https://www.politifact.com/factchecks/20...senhower-/

And the massive post war economic boom that saw all that production turned to civilian uses, AND the fact that most other nations industries had been destroyed.
We are in a massive global rebuild, too, moving from fossil fuels to renewables and recovering from the worst pandemic in a century.

[Speedy]

sekker wrote:
[quote=cbelt3]
[quote=sekker]
And the highest rate of growth of the middle class etc was during Eisenhower, when tax rates could be as high as 90%.

https://www.politifact.com/factchecks/20...senhower-/

And the massive post war economic boom that saw all that production turned to civilian uses, AND the fact that most other nations industries had been destroyed.
We are in a massive global rebuild, too, moving from fossil fuels to renewables and recovering from the worst pandemic in a century.
Yes, but back then we were leading. Not anymore.