Another reason, 'magical thinking', as to why I 'like' the recession for the time frame I mentioned. It's more like the detective who says 'we like him for this crime', because the evidence is so strong. And, I like a decent interval between his inauguration and his recession.
Republicans have often clung to theories that they want to believe — like the supposedly magical power of tax cuts and deregulation. Democrats, in short, have been more pragmatic."
During a March 2004 interview, Trump stated: "It just seems that the economy does better under the Democrats than the Republicans."[28][29] The Joint Economic Committee Democrats summarized and expanded the Blinder and Watson analysis in a June 2016 report, writing: "Claims that Republicans are better at managing the economy are simply not true. While the reasons are neither fully understood nor completely attributable to policy choices, data show that the economy has performed much better during Democratic administrations. Economic growth, job creation and industrial production have all been stronger."[30]
Journalist David Leonhardt wrote in The New York Times that economists he interviewed were not certain of the cause. One possibility for the consistent outperformance by Democratic presidents was that "Democrats have been more willing to heed economic and historical lessons about what policies actually strengthen the economy, while Republicans have often clung to theories that they want to believe — like the supposedly magical power of tax cuts and deregulation. Democrats, in short, have been more pragmatic."He wrote that Democratic presidents championing the ideas of John Maynard Keynes have taken stronger fiscal action to address crises.[12]
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