08-21-2024, 06:54 AM
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#47
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RS has made me the bitter person i am today!
Join Date: Mar 2011
Location: Vancouver
Posts: 4,866
Thanked 5,629 Times in 2,276 Posts
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Originally Posted by Hehe
Well, if you want to go historical, I should also point out that Reps have almost always been cleaning up the mess for Dems. Going as far back Jimmy Carter, where was the highest inflation over 10%. And made a significant negative impact to real disposable income to American adjusted to inflation.
Reagan came in and lowered it to below 5% IIRC, and ever since it has always been Dems presidents raise inflation, Reps lower them. If you factor GDP growth relative to inflation, the Reps actually done better overall.
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What mess you lying shit bag? Which wars did the Dems start? Which financial crises did they start?
https://en.wikipedia.org/wiki/U.S._e...arty#Inflation
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Blinder and Watson found that since 1945 the average inflation rate was higher under Republican presidents than under Democrats, though inflation tended to rise under Democrats but fall under Republicans.[1]
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CNN reported in October 2020 that 10 of the last 11 recessions started under Republican presidents, and that “Every Republican president since Benjamin Harrison, who served from 1889 to 1893, had a recession start in their first term in office
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Stock market returns are also higher under Democratic presidents.[21] CNN reported in September 2020 that: “Since 1945, the S&P 500 has averaged an annual gain of 11.2% during years when Democrats controlled the White House, according to CFRA Research. That's well ahead of the 6.9% average gain under Republicans.”[3] Analysis conducted by S&P Capital IQ in 2016 found similar results since 1901.[22] Blinder and Watson estimated that the S&P 500 returned 8.4% annually on average under Democrats, versus 2.7% under Republicans, a difference of 5.7% percentage points. This computation used the average value in last year of the president's term, minus the average value in last year of previous term.[1]
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