OPINION
There’s a Democrat in America’s White House. You know what that means...slower economic growth...lower Gross Domestic Product (GDP)...fewer jobs. Oh, woe is me!
Yeah...none of that is true. In fact, it hasn’t been true for the past 14 presidents...that’s when the U.S. started keeping comparable economic statistics. That’s seven Democrats and seven Republicans in the White House...in an 87-year span...and in virtually every measurable area Democratic presidents are better for the economy than Republicans.
Actually, Republicans even get a bit of a break and would fare worse in this comparison if the disastrous years of Herbert Hoover - who won in a landslide in 1928 - were included. Almost everything you’ve heard from Republican politicians for decades about how much better their policies are for the economy...simply isn’t true. Of course, Republicans have lied about this for decades...imagine?