Derek Thompson: Why is the US economy so unapologetically partisan? Do the laws of supply and demand have a liberal bias? Are Democrats better at governing for growth? Do these graphs prove something fundamental about the superiority of Keynesianism and Derek Thompson highlighted an interesting economic trend that Republicans very likely find discouraging: I n the 70 years, the U.S. economy has been better, across many metrics, when a Democrat has been the president. In particular, Thompson noted a fantastically interesting paper pdf from Princeton professors Alan Blinder and Mark Watson, who reported that from 1947 to 2013, in literally every category, Democratic presidents outperformed Republican presidents. Which leads to the obvious question: Why? For Dems, a bit of good fortune may be involved.
(news.financializer.com). As
reported in the news.
Tagged under , topics.