Wondering how your vote for president this year will affect the economy? Consider the historical data. Measured by GDP growth, the economy has been stronger under Democratic presidents than Republican presidents (yes, even Carter looks pretty good).
We have spent less time in recessions under Democrats.
Democrats tend to collect more taxes…
But Democrats also reduce the national debt while Republicans tend to increase it.
These cool charts come from a yet-to-be-published book, “Presidential Performance: How Presidents from Ike to GW Really Did on Issues That Matter to Americans.”
I hope the book has a chart showing something like “percentage of time spent deregulating the economy while financial fiascoes like the S&L bailout and the Subprime Credit Crunch developed”.