Charts will be foregone tonight in order to explain to all of my followers the evidence supporting the idea that the Republicans are better on the economy than are democrats.
First you must realize that the president is no king here in america, he has to deal with the house and senate to get anything done. If the presidency belongs to one party but the house and senate belong to the other, the house and senate are calling the shots. In short who ever is controlling 2/3's or greater is getting their way.
You should all know by now I don't trust the main stream media in trading, nor do I trust them in political matters. I don't trust the right leaning media explicitly, but they've got a better track record than the MSM. What I prefer is MY OWN RESEARCH. I'm not afraid to spend some time finding the facts.
So here they are:
Dems took over 2/3 of the government in 07:
-Avg unemployment rate of 7.7% with a high of 9.6% (2010) and a low of 4.6% (2007)
-From the beginning of their stewardship to 2011 there was a loss of 4.3%.
-During this time GDP grew at an average rate of 0.55% with a high of 3.02% (2010) and a low of -3.53% (2009).
-There were two years of GDP contraction.
Republicans controlled 2/3 of government from 95 to 06.
-Average unemployment was 5.02% with a high of 6% (2003) and a low of 4% (2000)
-From the beginning to the end of their stewardship there was an improvement of +1.0%.
-During this time GDP grew at an average of 3.25% per year with a high of 4.87% (1999) and a low of 1.09% (2001)
-There were zero years of GDP contraction.
From 87 to 94 dems controlled 2/3 with an avg unemployment rate of 6.24% with a high of 7.5% (92) and a low of 5.3% (89) from the beginning to the end of their stewardship an overall improvement of +0.1%. During this time GDP grew at an average of 2.82% with a high of 4.1% (87 and 94) and a low of -0.26% (91), there was one year of GDP contraction.
From 1981 to 1986 reps controlled 2/3
-Average unemployment rate of 8.1% with a high of 9.7% (83) and a low of 7% (86)
-From the beginning to the end of their stewardship there was an improvement of +2.7%.
-During this time GDP grew at an average of 3.28% with a high of 7.19% (84) and a low of -1.98% (82)
-There was one year of GDP contraction.
It's obvious which sides policies are good for the economy. Theres been a trend here, reps hand over a good economy, dems destroy it, reps fix it, dems destroy it.
(Based on the average unemployment rate for each year)
Sources:
http://www.infoplease.com/ipa/A0104719.html
http://uspolitics.about.com/od/usgovernment/l/bl_party_division_2.htm
Google public data: GDP
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