Row 21589

Row ID: 21589 | Dataset Entry | Axioma AXP Content Repository

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Presidential party actually has a huge impact on economic performance, read this "Since World War II, the United States economy has performed significantly better on average under the administration of Democratic presidents than Republican presidents. The reasons for this are debated, and the observation applies to economic variables including job creation, GDP growth, stock market returns, personal income growth and corporate profits. The unemployment rate has risen on average under Republican presidents, while it has fallen on average under Democratic presidents. Budget deficits relative to the size of the economy were lower on average for Democratic presidents.[1][2] Ten of the eleven U.S. recessions between 1953 and 2020 began under Republican presidents.

Blinder and Watson estimated the average Democratic real GDP growth rate at 4.3%, vs. 2.5% for Republicans, from President Truman's elected term through President Obama's first term, which ended January 2013.[1] This pattern of faster GDP growth under Democratic presidents continued after Blinder and Watson published their study; GDP grew faster both in President Obama's second term and in the first two years of President Biden's administration than in President Trump's term" -Wikipedia

FieldValue
text Presidential party actually has a huge impact on economic performance, read this "Since World War II, the United States economy has performed significantly better on average under the administration of Democratic presidents than Republican presidents. The reasons for this are debated, and the observation applies to economic variables including job creation, GDP growth, stock market returns, personal income growth and corporate profits. The unemployment rate has risen on average under Republican …
label r/economics
dataType comment
communityName r/Economics
datetime 2024-05-21
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Raw Record

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  "text": "Presidential party actually has a huge impact on economic performance, read this \"Since World War II, the United States economy has performed significantly better on average under the administration of Democratic presidents than Republican presidents. The reasons for this are debated, and the observation applies to economic variables including job creation, GDP growth, stock market returns, personal income growth and corporate profits. The unemployment rate has risen on average under Republican presidents, while it has fallen on average under Democratic presidents. Budget deficits relative to the size of the economy were lower on average for Democratic presidents.[1][2] Ten of the eleven U.S. recessions between 1953 and 2020 began under Republican presidents.\n\nBlinder and Watson estimated the average Democratic real GDP growth rate at 4.3%, vs. 2.5% for Republicans, from President Truman's elected term through President Obama's first term, which ended January 2013.[1] This pattern of faster GDP growth under Democratic presidents continued after Blinder and Watson published their study; GDP grew faster both in President Obama's second term and in the first two years of President Biden's administration than in President Trump's term\" -Wikipedia",
  "label": "r/economics",
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