When has trickle down worked? We end in a recession every time a republican is in power going back to Reagan. Every metric of the economy does better under democrats. I remember Bush, while the economy was in a straight nosedive, saying something to the effect of "What do you want me to do? I'm doing everything right; I deregulated, I cut taxes".
We've had a steady stream of illegals since Reagan. The narrative.
Laughable. Data is since WWII.
Variable | Democrats | Republicans | Difference | P-value |
---|
Real GDP growth | 4.33% | 2.54% | 1.79 pp | 0.01 |
Job creation rate % | 2.59% | 1.17% | 1.42 pp | 0.02 |
Unemployment rate % | 5.64% | 6.01% | 0.38 pp | 0.62 |
Unemployment rate change | -0.83 pp | +1.09 pp | 1.92 pp | 0.01 |
Inflation rate (GDP deflator) | 2.89% | 3.44% | 0.55 pp | 0.59 |
Budget deficit % potential GDP | 2.09% | 2.78% | 0.69 pp | 0.30 |
Stock market S&P 500 annual return | 8.35% | 2.70% | 5.65 pp | 0.15 |