I read this some time ago and in light of the upcoming election I thought I post this to give people some information about their choices and start a discussion.
As it seems, going back until WW2, under Democratic administrations the economy fares much better than under Republican ones. I find it remarkable, especially since even accounting for external effects and long-term policies, this holds true. The authors of the article cannot find any explanation, so your guess is as good as mine or theirs.
What do you think?
As it seems, going back until WW2, under Democratic administrations the economy fares much better than under Republican ones. I find it remarkable, especially since even accounting for external effects and long-term policies, this holds true. The authors of the article cannot find any explanation, so your guess is as good as mine or theirs.
What do you think?
The Historical Puzzle of US Economic Performance under Democrats vs. Republicans
We have heard much about the puzzle that US economic performance under President Joe Biden has been much stronger than voters perceive it to be. But the current episode is just one instance of a bigger historical puzzle: the US economy has since World War II consistently done better under...
www.belfercenter.org