Why does the United States economy grow more under Democratic presidents? | Arkansas Blog

Monday, December 2, 2013

Why does the United States economy grow more under Democratic presidents?

Posted By on Mon, Dec 2, 2013 at 5:40 PM

click to enlarge d_r.png
Since World War II, the United States economy has on average done significantly better when a Democrat has occupied the White House. Economists Alan Blinder and Mark Watson take a look at why this might be in a new paper. Their conclusion: it's basically comes down to luck. 

Matthew Yglesias at Slate argues that the paper isn't all that convincing and kinda-sorta makes the case that the policies of Democratic presidents may help explain this correlation. Even he admits upfront that he won't be changing anyone's mind. Obviously it's impossible to draw any real conclusions either way from a chart like the above. 

Tags: , , , , , ,

From the ArkTimes store


Comments (20)

Showing 1-20 of 20

Add a comment

Subscribe to this thread:
Showing 1-20 of 20

Add a comment

More by David Ramsey

Readers also liked…

  • Judge anticipates punishment of lawyers in Fort Smith class action case

    Federal Judge P.K. Holmes of Fort Smith issued a 32-page ruling yesterday indicating he contemplates punishment of 16 lawyers who moved a class action lawsuit against an insurance company out of his court to a state court in Polk County after a settlement had been worked out.
    • Apr 15, 2016
  • Arkansas Supreme Court refuses to rehear invalidation of marijuana act

    The Arkansas Supreme Court today denied a request to rehear its decision invalidating Issue 7, the medical marijuana initiated act.
    • Nov 3, 2016
  • IHOP coming down, but .....

    I always scan the Little Rock City Board for items of interest this week and this one caught my eye: A zoning measure required by a proposal to tear down the IHOP at Markham and University.
    • Apr 30, 2016

Most Recent Comments



© 2017 Arkansas Times | 201 East Markham, Suite 200, Little Rock, AR 72201
Powered by Foundation