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Originally Posted by Hehe
Therefore inflation tends to rise under Dems and drops under reps
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Did you miss the part where it said the average is still lower under Dems even when accounting for increases? You're selecting the slimmest of facts to make a claim that Republicans are better at running the economy and citing the one period of high inflation with Jimmy Carter (when inflation was high globally) to make a point that is patently false.
Under Democrats the economy:
- Has higher GDP growth
- Has lower unemployment
- Has lower inflation
- Has higher individual income growth
- Smaller deficits (who's doing the borrowing of money and driving inflation here? Republicans. Who's cleaning up the mess of deficits? Dems)
- Higher stock market returns (11% vs 6% - no small amount)
- Higher corporate profits (13% vs 2%)
- Fewer recessions (10 out of 11 Republicans had one)
Your best friend even chimed in on this:
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During a March 2004 interview, Donald Trump stated: "It just seems that the economy does better under the Democrats than the Republicans."
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What kind of dumbass are you that you would side with the party that makes you poorer? That causes your stock portfolio to grow slower? To slow your income growth?