Under Democratic administrations, these sectors have prospered more and indicators have all been consistently higher than under Republicans. Also proven out by the better economic prosperity figures, is the fact that government plays a positive role in stimulating growth and more wide-spread prosperity. Since 1900, there have been six continuous Republican stints in control of the White House (11 presidents) and six continuous Democratic periods (8 presidents). Here is what history has shown for the three major economic indicators during that entire span:
Stock Market Value Increase:
Republicans: 5% Democrats: 12%
GDP (Gross Domestic Product):
Republicans: 2.6% Democrats: 4.2%
Corporate Profits:
Republicans: 8.9% Democrats: 10.5%
Source: Fox Business.com, which further states:
“Due to their “tax-and-spend” reputation, investors expect Democratic administrations to underperform Republican ones and be “poison to any portfolio,” Sam Stovall, chief equity strategist at S&P Capital IQ, wrote in a note. ‘History shows the opposite to be true, however.’”
Facts Do Matter…The Economy Does Better Under Democrats (VIDEO)
Current Status: Blessed (1)
Seeded on Thu Sep 6, 2012 4:08 AM

keyboard shortcuts: V vote up article J next comment K previous comment