Sunday, November 15, 2015

THIS SHOULD BE A NO BRAINER – ACTUALLY IT IS A “KNOW” BRAINER!

Why do some U.S. citizens, particularly those in the middle class, continue to vote against what has been proven, time and again, to be against their own best interest? It is usually do to a very successful campaign of fear by the Republican Party, and their super PACs, dark money, lobbyists, and PACs.
1.       Under Democrats, the economy grew, on average, 4.35 percent per year; under Republicans, only 2.54 percent.
2.      Over the whole period, the economy was in recession for 49 quarters; Democrats held the White House during only eight of those quarters.
3.      Private-sector employment is eight million people higher than it was when Barack Obama took office, twice the job gains achieved under his predecessor.
4.      Every candidate with a real chance of getting the G.O.P. nomination is claiming that his tax plan would produce a huge growth surge — a claim that has no basis in historical experience.
5.      Historically, the economy has almost always done better under Democrats, compared to the G.O.P.
6.      Personal disposable income has grown nearly 6 times more under Democratic presidents
7.      Gross Domestic Product (GDP) has grown 7 times more under Democratic presidents
8.      Corporate profits have grown over 16% more per year under Democratic presidents (they actually declined under Republicans by an average of 4.53%/year)
9.      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)
10.   Republican presidents added 2.5 times more to the national debt than Democratic presidents
11.   The two times the economy steered into the ditch (Great Depression and Great Recession) were during Republican, laissez faire administrations
https://www.princeton.edu/~mwatson/papers/Presidents_Blinder_Watson_July2014.pdf



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