Achieving Economic Prosperity: Why History Favors
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Sat Apr 6, 2024, 10:25 AM
Concerned about the economy? Here’s why history suggests voting Democrat might be the solution
Personal disposable income has grown nearly 6 times more under Democratic presidents
Gross Domestic Product (GDP) Surge: GDP growth has been 7 times greater under Democratic presidents, indicating a robust economy under their leadership.
Corporate Profits Soar: Corporate profits have surged over 16% more annually under Democratic presidents, contrasting with declines experienced under Republicans.
Stock Market Returns: Investors have seen 18 times greater returns under Democratic presidents, demonstrating a strong and stable market environment.
In contrast, Republican presidents have added 2.5 times more to the national debt and presided over significant economic crises like the Great Depression and the Great Recession.
Reputable sources like The New York Times, Newsweek, and US News & World Report confirm these trends, highlighting the economic superiority of Democratic leadership.
Recent comparisons further underscore the benefits:
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. https://www.nytimes.com/2021/02/02/opinion/su...onomy.html
U.S. Jobs, Income, GDP Growth ‘Startlingly’ Higher Under Democratic Presidents https://www.newsweek.com/us-jobs-income-gdp-g...is-1566313
Over the last 6 decades — 60 years or so, history has tended to favor Democratic presidents in terms of economic performance https://www.usnews.com/news/blogs/data-mine/2...he-economy
During the final 3 years of Barack Obama’s presidency 2014. 2015 . 2016 , the number of jobs added was 1.5 million greater than the number added during Trump’s first 3 years in office 2017 2018 2019 https://www.snopes.com/fact-check/obama-creat...jobs-trump
Trump inherited a booming economy — and handed Biden a nation ‘in shambles’ https://www.nbcnews.com/business/economy/trum...s-n1255033
Trump to leave office with the worst jobs record since Herbert Hoover https://finance.yahoo.com/news/trump-leave-of...44152.html
Trump is the first president since WWII to lose jobs during tenure. The U.S. lost 140,000 jobs in December 2020 in the final jobs report of Trump’s presidency. This means the nation has about 3 million fewer jobs than it did 4 years prior, UNDER PRESIDENT OBAMA, meaning Trump will be the first president to lose jobs over his term since employment data was collected in this way. NBC News Now correspondent Simone Boyce explained how it all unfolded.
https://www.nbcnews.com/now/video/trump-will-...ng-tenure-
As the 2024 election approaches, it’s crucial to consider these facts. History indicates that Democratic leadership may lead to a stronger economy and better prospects for all. Register someone to vote
https://www.democraticunderground.com/10143221471
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