Phoenix68
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- Joined
- Mar 12, 2022
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"Since World War II, the United States economy has performed worse on average under the administration of Republican presidents than Democrat presidents. The reasons for this are debated, and the observation applies to economic variables including job creation, GDP growth, stock market returns, personal income growth and corporate profits. The unemployment rate has fallen on average under democratic presidents, while it has risen on average under republican presidents. Budget deficits relative to the size of the economy were lower on average for democratic presidents. Ten of the eleven U.S. recessions between 1953 and 2020 began under Republican presidents.
Of these, the most statistically significant differences are in real GDP growth, unemployment rate change, stock market annual return, and job creation rate."
Of these, the most statistically significant differences are in real GDP growth, unemployment rate change, stock market annual return, and job creation rate."