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Why Are Republican Presidents So Bad for the Economy?​

G.D.P., jobs and other indicators have all risen faster under Democrats for nearly the past century.

A president has only limited control over the economy. And yet there has been a stark pattern in the United States for nearly a century. The economy has grown significantly faster under Democratic presidents than Republican ones.

It’s true about almost any major indicator: gross domestic product, employment, incomes, productivity, even stock prices. It’s true if you examine only the precise period when a president is in office, or instead assume that a president’s policies affect the economy only after a lag and don’t start his economic clock until months after he takes office. The gap “holds almost regardless of how you define success,” two economics professors at Princeton, Alan Blinder and Mark Watson, write. They describe it as “startlingly large.”

Since 1933, the economy has grown at an annual average rate of 4.6 percent under Democratic presidents and 2.4 percent under Republicans, according to a Times analysis. In more concrete terms: The average income of Americans would be more than double its current level if the economy had somehow grown at the Democratic rate for all of the past nine decades. If anything, that period (which is based on data availability) is too kind to Republicans, because it excludes the portion of the Great Depression that happened on Herbert Hoover’s watch.

The six presidents who have presided over the fastest job growth have all been Democrats. The four presidents who have presided over the slowest growth have all been Republicans.

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.

Trump repeatedly downplayed the coronavirus pandemic, and the country suffered. The economy would have experienced a downturn no matter who was president, but his scattered response aggravated the pandemic and the recession. In some other countries, life is much closer to normal. In the United States, Mr. Trump became the first president since Mr. Hoover to preside over a decline in employment.

The pragmatism gap isn’t only about recessions, either. Democrats have also been more aggressive about making job-creating investments — in medical research and clean energy, for example — that the private sector does not make when left to its own devices. Occasionally, a Democratic president has even been willing to go against type in order to encourage growth. Mr. Clinton, persuaded that deficit reduction could bring down interest rates and accelerate growth, scrapped some early spending plans and raised taxes. Interest rates fell, and the economy boomed.

The evidence now overwhelmingly suggests that recent tax cuts have had only a modest effect on the economy. G.D.P. grew at virtually the same rate after the 2017 Trump tax cut as before it. If anything, the Clinton tax increase of 1993 has a better claim on starting a boom than any tax cut since.

The American economy has performed much better under Democratic administrations than Republican ones, over both the last few decades and the last century. And as Ms. Wanamaker said, “Administrations do certainly have the ability to affect economic outcomes.”

NEW YORK TIMES
 

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It's ok. China cut ties with her brand awhile ago. She failed like her old man. Still funny though.
 

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I still don't know who was a bigger idiot, Bush junior or Trump. But at least Bumbling Bush served 8 years. Donnie failed in 4 just like his many failed bankrupt businesses.
 

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Republicans are wholly incompetent at running the government; a fact that should be obvious by now. What should also be obvious is, during the period from 1933–1980, with Democrats in charge most of the time, we became the most prosperous nation in the world. Since Republicans have taken over, we’re quickly becoming an also-ran. That’s not a coincidence; their ideology is vacuous and morally bankrupt. Their intent is to prove that government doesn’t work; you cannot say the same about even the worst Democrat.

Republicans don’t care about deficits, which is why they always leave us with huge debt. Republicans created the conditions that led to both the Great Depression of the 1930s and the Great Bush Mortgage Meltdown and Recession of 2008. Republicans usually crash the economy and run up the debt, while Democrats fix the economy and return the budget at least closer to equilibrium. That doesn’t mean the debt will ever be zero; that’s unrealistic. But with Democrats in charge, the debt went from 120% of GDP to 33% of GDP during the post-war era. It wasn’t until Reagan was elected that the debt became ridiculous. Republican ideology shows that they have no problem leaving the cost of it all to our children and grandchildren.

a list of the ten smartest states, based on level of education and several other factors: 1. Massachusetts; 2. Vermont; 3. Virginia; 4. New Hampshire; 5. Connecticut; 6. New Jersey; 7. Minnesota; 8. Maryland 9. Nebraska; 10. California

Nebraska is the only solidly red state in that group. And yet, when you look at the bottom ten, well…

49.(tie) Mississippi and Louisiana; 48. Nevada; 47. Oklahoma; 45.(tie) Alabama and Arkansas; 44. New Mexico; 43. Indiana; 42. West Virginia; 41. South Carolina. (Source)

The next question is, if red states are such nice places to live, which is what Republicans claim, why do they not attract the best and the brightest? In part, it’s because, while these states feature low taxes, it’s also because the Republicans running these places have messed up everything, including the economy. Face it; even when they have the greatest climate and the lowest taxes, Republican-led states are not great places to live.

Republicans and Economy: Like Oil and Water​

Supply-side economics, also known as “trickle-down,” doesn’t work. We know this because Republicans have tried it many times over the past 40 years and the expectation that lower taxes will cause businesspeople to invest more in the economy just doesn’t work. That’s probably because make sense. In the history of the world, lower taxes does not lead to more investment because the two things aren’t related. Most red states feature low or no income tax rates and they brag of “balanced budgets” and restrained spending, but while Republicans often claim, or at least insinuate, that their state economies are in far better shape than those in blue states, they lie. Again, they lie.

Red States are the Real “Welfare Queens.”​

As bad as things are in red states, they’d be far worse off without the massive subsidies provided by taxpayers in the blue states. Yes, that’s right; for all the Republican whining about welfare, they’re actually the real “welfare queens,” a term ironically coined by none other than Saint Ronald Reagan. Whenever a Republican whines about how horrible it is to support California during tough times, show them these numbers, laugh in their faces and tell them to shut up.

Here are the red states who receive the most federal money back for every dollar they paid in taxes in 2013: South Carolina, $5.38 (NOT a typo); North Dakota, $3.83; Alabama, $2.46; Mississippi, $2.34; New Mexico, $2.19; Kentucky, $2.18; Florida, $2.02; West Virginia, $1.91; Indiana, $1.81; Wisconsin, $1.79. (Source)

For the record, here are the states that get the least amount of federal money for every dollar they pay in taxes: Delaware $0.31; Nebraska, $0.41; Illinois, $0.45; New Jersey, $0.48; Ohio, $0.51; Kansas, $0.54; Minnesota, $0.54; Wyoming, $0.55; New York, $0.58; Colorado, $0.64 (Source)

There’s an even better measure out there now. Here is a list of states ranked by their government’s dependence on the federal government, based on a number of criteria, including their dependence on federal subsidies, combined with their dependence on federal contracts and the military. This is telling: 1. Mississippi; 2. Louisiana; 3. Tennessee; 4. South Dakota; 5. Missouri; 6. Montana; 7. Georgia; 8. New Mexico; 9. Alabama; 10. Maine. (Source)

One could, of course, make the case that money isn’t everything. If a state was a safe, secure place to live and raise a family, who would really care if they made a bit less, right? Unfortunately for the people living in those red states however, when Republicans complain about how bad things are, they’re projecting.

Red States Are Not Safer​

You see, there’s a reason Republicans like to focus on Chicago and Detroit when they talk about violent crime; they want to take the focus off their states. In 2014, the ten states with the highest murder rates were; 1. Louisiana, 10.3 (per 100,000); 2. Mississippi, 8.6; 3. Missouri, 6.6; 4. South Carolina, 6.4; 5. Maryland, 6.1; 6. Nevada, 6.0; 7. (tie) Delaware and Florida, 5.8; 9. (tie) Alabama, Georgia and Tennessee, 5.7. (Source)

Notice something missing in that group? Illinois and Michigan? How about New York and New Jersey, which Republicans dismiss as murderous hellscapes because of their strict gun laws.

Meanwhile, the ten states with the lowest murder rates for 2014 were: 50. New Hampshire, 0.9 (per 100,000); 47. (tie) Vermont, Maine and Minnesota, 1.6; 46. Hawaii, 1.8; 45 Iowa, 1.9; 42. (tie) Oregon, Massachusetts and Idaho, 2.0; 41. (tie) Utah and South Dakota, 2.3. (Source)

If you expand that beyond murder to all violent crime, it doesn’t get better for red states. The states with the highest rate of violent crime for 2014 are; 1. Alaska, 635.8 (per 100,000); 2. Nevada, 635.6; 3. Tennessee, 608.4; 4. New Mexico, 597.4; 5. Florida, 540.5; 6. Louisiana, 514.7; 7. South Carolina, 497.7; 8. Delaware, 489.1; 9. Arkansas, 480.1; 10. Maryland, 446.1 (Source)

Though Republican ideology requires a laser-like focus on Chicago, Detroit and New York, while blue states have pockets of violence, violence seems to be everywhere in red states. If it’s a huge red state with almost no people, you may have a chance. If not, you’re screwed.

The “War on Women” is apparently quite literal in red states. The 10 states with the highest rate of women murdered by men (2012) are; 1. Alaska, 2.57 (per 100,000 women); 2. South Carolina, 2.06; 3. Oklahoma, 2.03; 4. Louisiana, 1.92; 5. Mississippi, 1.89; 6. Nevada, 1.83; 7. Missouri, 1.73; 8. Arizona, 1.70; 9. Georgia, 1.66; 10. Tennessee, 1.60. (Source)

Of course, Republican ideology suggests that the solution to violent crime is more guns, but the data suggests the opposite.

The ten states with the highest rate of firearms ownership are: 1. Wyoming 59.7%; 2. Alaska 57.8%; 3. Montana 57.7%; 4. South Dakota 56.6%; 5. West Virginia 55.4%; 6(T) Mississippi, Idaho and Arkansas 55.3%; 9. Alabama 51.7%; 10. North Dakota 50.7%. (Source)

Now, according to GOP ideology, that should mean a lot fewer firearm deaths. Unfortunately, that assumption is wrong. There is a whole lot of overlap with states having the highest firearm death rate (2013): 1. Alaska, 19.8 (per 100,000); 2. Louisiana, 19.3; 3. Mississippi, 17.8; 4. Alabama, 17.6; 5. Arkansas, 16.8; 6. Montana and Wyoming, 16.7; 8. Oklahoma, 16.5;.9. New Mexico, 15.5; 10. Tennessee, 15.4. (Source)

Worse, of the 31 states that were above the national average firearm death rate was 10.4 per 100,000, 26 are reliably red. Of the 19 states that were below that average, only two are red.

To reinforce that point, here are the ten states with the lowest rates of gun ownership: 50. Hawaii 6.7%; 49. New Jersey 12.3%; 48. Massachusetts 12.6%; 47. Rhode Island 12.8%; 46. Connecticut 16.7%; 45. New York 18%; 44. Illinois 20.2%; 42(T). California and Maryland 21.3%; 41. Florida 24.5% (Source)

Compare that list of states with the list of ten states with the lowest firearm death rates: 50. Hawaii, 2.6 (per 100,000); 49. Massachusetts, 3.1; 48. New York, 4.2; 47. Connecticut, 4.4; 46. Rhode Island, 5.3; 45. New Jersey, 5.7; 44. New Hampshire, 6.4; 43. Minnesota, 7.6; 42. California, 7.7; 41. Iowa, 8.0 (Source) They all have stricter gun laws, which means the NRA line is obviously a lie. There is no rational basis for a belief that more access to guns equals less gun crime and fewer gun deaths and the numbers prove that.
 

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Red State “Family Values” Are a Myth​

For all their talk about “sanctity of marriage,” in practice, well… not so much. Now, there is nothing wrong with being divorced, but for people who claim so much self-righteousness, the record is pretty pathetic. Look at the the ten states with the highest divorce rates: 1. Maine; 2. Nevada; 3. Oklahoma; 4. Arkansas; 5. West Virginia; 6. Florida; 7. Kentucky; 8. Oregon; 9. Montana; 10. (tie)Tennessee and Indiana (Source) Except for Oregon and Nevada, they are all red. It’s also probably not fair to include Nevada on the list, since that state is a destination for both quickie weddings and divorces. All others with high divorce rates are led by self-righteous Republicans who consistently whine about same-sex marriage.

Meanwhile, the states with the fewest divorces, save two, have no qualms about same-sex marriages. They are: 1. New York; 2. New Jersey; 3. Utah; 4. North Dakota; 5. Hawaii; 6. Massachusetts; 7.(tie) Illinois, Pennsylvania and California 10. Maryland. (Source)

While Republicans complain mightily about the “loose morals” of liberals, and prefer “abstinence-only” programs, they might want to re-think. Whatever they’re doing isn’t working. The 10 states with the highest rate of teen pregnancy are: 1. New Mexico; 2. Nevada; 3. Arizona; 4. Texas; 5. Mississippi; 6. Delaware; 7. Arkansas; 8. Georgia; 9.(Tie) South Carolina and Tennessee (Source)
 

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One of the stupidest arguments Republicants have is that the Republicans fought against Slavery or this and that...wow...you have to reach THAT far back to give an example of high moral actions by the right? Ouch!

Nevermind that the Republican party back then, is not even close to being the same party it is now. What a joke.

Now all you have to claim is tax breaks for crooked corporations and the wealthy who further find ways to avoid paying taxes, racism, sexism, dividing the country, and overall moral decay.

The Republican party is not sustainable and is dying a slow but sure death and if you can't see it you are either blind or in denial. Lol.
 

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One of the stupidest arguments Republicants have is that the Republicans fought against Slavery or this and that...wow...you have to reach THAT far back to give an example of high moral actions by the right? Ouch!

Nevermind that the Republican party back then, is not even close to being the same party it is now. What a joke.

Now all you have to claim is tax breaks for crooked corporations and the wealthy who further find ways to avoid paying taxes, racism, sexism, dividing the country, and overall moral decay.

The Republican party is not sustainable and is dying a slow but sure death and if you can't see it you are either blind or in denial. Lol.
Dems are the party of fuck white people
Get that muh racisms shit outta here
And it is mainstream and accepted
All under the guise of being for justice and equality
 

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As usual Libtards project what is true of themselves onto others. How do you like the crappy job that pedo prez Poopy Pants is doing? A delusional idiot like you probably thinks he is doing a great job!
 
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The reason the Democrats are so aligned with the Communist Party is because their roots are in the Communist Party.
 

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Science? LOL. You mean like believing there are an almost endless amount of genders and someone born without ovaries and a vagina can be a woman?
Hey, hey hey...there's only 2 genders. Lol. Don't paint us all with the same rainbow brush lol. I'm taking rainbows back from the homos!
 

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