CDZ Want A Better Economy? History Says Vote Democrat!

[Luddly Neddite]

Want A Better Economy? History Says Vote Democrat!

• Personal disposable income has grown nearly 6 times more under Democratic presidents
• Gross Domestic Product (GDP) has grown 7 times more under Democratic presidents
• Corporate profits have grown over 16% more per year under Democratic presidents (they actually declined under Republicans by an average of 4.53%/year)
• Average annual compound return on the stock market has been 18 times greater under Democratic presidents (If you invested $100k for 40 years of Republican administrations you had $126k at the end, if you invested $100k for 40 years of Democrat administrations you had $3.9M at the end)
• Republican presidents added 2.5 times more to the national debt than Democratic presidents
• The two times the economy steered into the ditch (Great Depression and Great Recession) were during Republican, laissez faire administrations
• The stock market has soared 14.72%/year under Obama, second only to Clinton — which should be a big deal since 2/3 of people (not just the upper class) have a 401K or similar investment vehicle dependent upon corporate profits and stock market performance”

As to the challenging Republican party’s platform, Mr. Goldfarb commented:

• “The platform is the inverse of what has actually worked to stimulate economic growth
• The recommended platform tax policy is bad for velocity, and will stagnate the economy
• Repealing the Affordable Care Act (Obamacare) will have a negative economic impact because it will force non-wealthy individuals to spend a higher percentage of income on health care rather than expansionary products and services
• Economic disaster happens in America when wealth is concentrated at the top, and we are at an all time high for wealth concentration. There is nothing in the platform which addresses this issue.”

From Forbes, no less! You don't get more Repub than that.

We've had this discussion before and its simply a known fact that if you want to do well, want your family to have a future, want your country to be successful, you vote Democrat.

 

[DarkFury]

A half dozen posters here have posted the growth of the economy over the last seven years. It averages 1.5% and that IS the worst ever. 3% is considered a minimum.

That means that we in fact have had NO recovery in the last seven years but have been in a stagnant economy thanks to O-blame-a.

 

[Luddly Neddite]

Forbes is a real pain because they won't let you in unless you turn off your adblocker.

Obviously, if you don't mind turning off your adblocker, you can read it on Forbes but here are other sources for the article.

Want a Better Economy? History Says Vote Democrat! - Adam Hartung - Forbes, yes: "Forbes" - Discussionist
Want a Better Economy? History Says Vote Democrat! - Adam Hartung - Forbes, yes: "Forbes"
Last edited Wed Jul 16, 2014, 05:00 PM - Edit history (1)

Want a Better Economy? History Says Vote Democrat! (all emphases my own)
Want A Better Economy? History Says Vote Democrat!

AND


How to Piss Off Republicans, #342: Want a Better Economy? History Says Vote Democrat!

How to Piss Off Republicans, #342: Want a Better Economy? History Says Vote Democrat!
Sep 26, 2015

Republicans don't seem to have a grasp on the facts. To listen to the acolytes who still hold on to the tired old philosophy, you'd think that Republicans invented Mom, Apple Pie, The Star Spangled Banner and just about everything else that makes America great. The truth is something else. Want greatness? Vote Democrat.

 

[Luddly Neddite]

A half dozen posters here have posted the growth of the economy over the last seven years. It averages 1.5% and that IS the worst ever. 3% is considered a minimum.

That means that we in fact have had NO recovery in the last seven years but have been in a stagnant economy thanks to O-blame-a.

Can we please stick to verifiable facts?

For example, can you prove that the points in the OP are wrong?

Thanks ever so much.

 

[DarkFury]

A half dozen posters here have posted the growth of the economy over the last seven years. It averages 1.5% and that IS the worst ever. 3% is considered a minimum.

That means that we in fact have had NO recovery in the last seven years but have been in a stagnant economy thanks to O-blame-a.

Can we please stick to verifiable facts?

For example, can you prove that the points in the OP are wrong?

Thanks ever so much.

12 screens of fact here...
SIMPLY THE WORST=> Obama is First President Ever to Not See Single Year of 3% GDP Growth
Read it and weep

 

[PredFan]

Yeah sure. Tell that to Detroit, Baltimore, etc., etc.

We have had 7 years of the current idiot and the economy sucks ass.

 

[Mac1958]

Regardless of the ideology pushing it, this stuff really does get silly.

The American economy is massive in its depth, breadth and scope. It doesn't turn on a dime. Initiatives not only take time to work their way through an economy, they can also be significantly affected by other initiatives. Not to mention myriad global influences.

It could even be reasonably argued that any current economy is more the result of the previous administration than of the current one.

My goodness, what is it about commitment to a partisan ideology that so damages intellectual elasticity?
.

 

[Luddly Neddite]

Please check the OP. Its not about Obama. Its about the differences between the Republicans and Democrats.

Thanks.

 

[Anathema]

So what do you suggest for those of us who don't put "the economy" in our Top 10 issues we pick a candidate based on?

 

[320 Years of History]

A half dozen posters here have posted the growth of the economy over the last seven years. It averages 1.5% and that IS the worst ever. 3% is considered a minimum.

Red:
I don't know where those posters get that info from. It certainly isn't consistent with what the US Bureau of Economic Analysis cites.

Blue:
??? By whom? Moreover, what sort of absurd notion is "minimum economic growth?"

To the best of my knowledge, GDP growth of 2% - 3% is ideal for the U.S. I am not aware of anyone (other than you) who thinks there is a minimum growth rate. Growth at any rate is preferable to no growth, or worse, contraction. "Minimum economic growth" does not carry the same implications as does, say, minimum weight/length for a fish one might catch and have to toss back into the water.

 

[daws101]

A half dozen posters here have posted the growth of the economy over the last seven years. It averages 1.5% and that IS the worst ever. 3% is considered a minimum.

That means that we in fact have had NO recovery in the last seven years but have been in a stagnant economy thanks to O-blame-a.

false! 10 Signs the Economy Is Improving

 

[daws101]

Mod Edit - Did you forget you are in the CDZ?

 

[daws101]

Mod Edit - Did you forget you are in the CDZ?

 

[Luddly Neddite]

So what do you suggest for those of us who don't put "the economy" in our Top 10 issues we pick a candidate based on?

Since this particular thread is about Republican vs Democrat economies, you could always start another thread concerning your "Top 10 issues".

 

[320 Years of History]

So what do you suggest for those of us who don't put "the economy" in our Top 10 issues we pick a candidate based on?

Nowhere in their top 10 dimensions? I can't speak for the other member, but to those who cannot or won't put "the economy"/economic matters among the top ten issues that drive their preferences among candidates for President, I suggest emigrating.

 

[jillian]

A half dozen posters here have posted the growth of the economy over the last seven years. It averages 1.5% and that IS the worst ever. 3% is considered a minimum.

That means that we in fact have had NO recovery in the last seven years but have been in a stagnant economy thanks to O-blame-a.

Can we please stick to verifiable facts?

For example, can you prove that the points in the OP are wrong?

Thanks ever so much.

the points in the o/p are obviously correct.

 

[jillian]

So what do you suggest for those of us who don't put "the economy" in our Top 10 issues we pick a candidate based on?

that's your business. but of course, society doesn't operate properly unless people can afford to eat, live, receive health care when needed and get educated.

 

[Luddly Neddite]

So what do you suggest for those of us who don't put "the economy" in our Top 10 issues we pick a candidate based on?

that's your business. but of course, society doesn't operate properly unless people can afford to eat, live, receive health care when needed and get educated.

Yes ... What comes to mind is Maslow's pyramid.

 

[Sun Devil 92]

Mod Edit - Did you forget you are in the CDZ?

 

[daws101]

The incidence of rape can be correlated to ice cream sales too.

XXXXXX

it's not relevant so there is no need.