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Examiner
From the Will Rogers quote, \x34All politics is applesauce.\x34
Study shows that U.S. economy does better under Democratic presidents
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About this blog
Pat Cunningham offers an unabashedly liberal perspective on national politics. A note of caution: The language gets a little salty on some of the sites to which this blog links. So, don't say you weren't warned. By the way, this blog's name is ...
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Liberal Views
Pat Cunningham offers an unabashedly liberal perspective on national politics. A note of caution: The language gets a little salty on some of the sites to which this blog links. So, don't say you weren't warned. By the way, this blog's name is inspired by the Will Rogers quote, \x34All politics is applesauce.\x34 In 41 years as a print and broadcast journalist, most of those years with the Rockford (Ill.) Register Star, Pat has covered national politics under eight American presidents. He's attended 10 national political conventions, Republican and Democratic alike, and has interviewed countless prominent political players, including Jimmy Carter, Ronald Reagan, Gerald Ford and George H.W. Bush.
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Don’t share THIS with your Republican friends. It will only confuse them:

For the past half-century, the US economy has consistently grown faster under Democratic presidents than under Republican ones. And in a new study, two economists ask whether there’s a reason for that — or if it’s all just a coincidence.

The numbers are pretty clear on this. Between 1947 and 2012, the US economy grew at an average real annual rate of 4.35 percent during Democratic administrations and just 2.54 percent during Republican ones.

The gap persists even if you give presidents less credit for the period immediately after taking office or if you remove the outlier years at the high and low end (like the financial crisis at the end of George W. Bush’s second term) or if you fiddle with the dating of recessions. And the difference is statistically significant.

 

 

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