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Wednesday, March 06, 2024 12:06:35 AM
B402, Wriggle out of this one - Economists Agree: Democratic Presidents are Better at Making Us Rich. Eight Reasons Why.
Democratic administrations over the last century have delivered far faster economic growth. What explains that?
[Insert from link: So the question remains: what could it be about the Democratic economic
policy mix that delivers superior performance? Here are eight possibilities:
1. Wisdom of the Crowds.
2. Preventing Government "Capture."
3. Labor Market Flexibility.
4. Freedom to Innovate.
5. Profitable Investments in Long-Term Growth.
6. Power to the Producers.
7. Fiscal Prudence.
8. Labor and Trade Efficiencies. The social support programs that Democrats champion — if they truly provide an adequate level of support and income — give policy makers much more freedom to put in place what are otherwise draconian, but arguably efficient, trade and labor policies. If everyone can confidently rely on a decent income, we have less need for the sometimes economically constricting effects of labor and trade protectionism.
https://evonomics.com/economists-agree-democratic-presidents-better-making-us-rich-eight-reasons/
I just added the extra above from the link -- https://investorshub.advfn.com/boards/read_msg.aspx?message_id=173980275
Democratic administrations over the last century have delivered far faster economic growth. What explains that?
[Insert from link: So the question remains: what could it be about the Democratic economic
policy mix that delivers superior performance? Here are eight possibilities:
1. Wisdom of the Crowds.
2. Preventing Government "Capture."
3. Labor Market Flexibility.
4. Freedom to Innovate.
5. Profitable Investments in Long-Term Growth.
6. Power to the Producers.
7. Fiscal Prudence.
8. Labor and Trade Efficiencies. The social support programs that Democrats champion — if they truly provide an adequate level of support and income — give policy makers much more freedom to put in place what are otherwise draconian, but arguably efficient, trade and labor policies. If everyone can confidently rely on a decent income, we have less need for the sometimes economically constricting effects of labor and trade protectionism.
https://evonomics.com/economists-agree-democratic-presidents-better-making-us-rich-eight-reasons/
I just added the extra above from the link -- https://investorshub.advfn.com/boards/read_msg.aspx?message_id=173980275
It was Plato who said, “He, O men, is the wisest, who like Socrates, knows that his wisdom is in truth worth nothing”
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