Tornado Alley (PROG)

[StephanieVanbryce]

Economy has grown the most when Democrats have been in power

Posted by Suzy Khimm at 03:17 PM ET, 04/09/2012

Earlier today, I linked to a Goldman Sachs research note arguing that the most fiscally conservative outcome in the 2012 election would be an Obama victory and Republican control of Congress. But their analysis was limited to deficit reduction. Last week, JPMorgan looked at this question using a broader lens: what happens to the economy under Democratic and Republican presidents, and Democratic and Republican Congresses?



(SOURCE: JPMORGAN)

The economy has grown the most when Democrats have been in total control of Washington. But, interestingly, it’s grown the least when there’s been a Democratic president and a GOP-controlled Congress--our current scenario. But those are precisely the political conditions under which the stock market tends to perform the best, as well as the scenario that Goldman Sachs believes would lead to the most deficit reduction in 2013.



(SOURCE: JPMORGAN)

false equivalence stuff
http://www.washingtonpost.com/blogs/ezra-klein/post/economy-has-grown-the-most-when-democrats-have-been-in-power/2012/04/09/gIQA1VhS6S_blog.html

MORE:



(For the eye-popping chart of the S&P's performance under each of the presidents from Hoover through Bush 43, visit here.)



"It's not even close. The stock market does far better under Democrats." Barack Obama has been no exception.)

http://people.ischool.berkeley.edu/~hal/people/hal/NYTimes/2003-11-20.html