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I have seen this several times but found it in the Opinion section of the WSJ comment section on trump wanting to increase tariffs (again) -- WSJ against the trump idea. Have yet to see a reply showing the numbers to be wrong with or without backup. Personal disposable income has grown nearly 6 times more under Democratic presidents 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 source: Forbes P.S. Neither Forbes or the Wall Street Journal are thought of as left-wing news. Provided to me by a friend who WAS a long time Republican. eco230824 |
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