Economy Has Grown the Most When Democrats Have Been in Power (Yes and Obama Has Got Da "Gift")

Washington Post ^ | April 9, 2012 | Suzy Khim

[lbryce]

Earlier today, I linked to a Goldman Sachs research note arguing that the most fiscally conservative outcome in the 2012 election would be an Obama victory and Republican control of Congress. But their analysis was limited to deficit reduction.

Last week, JPMorgan looked at this question using a broader lens: what happens to the economy under Democratic and Republican presidents, and Democratic and Republican Congresses

Goldman Sachs: Re-electing Obama and a GOP House would be the most fiscally conservative outcome

The economy has grown the most when Democrats have been in total control of Washington. But, interestingly, it’s grown the least when there’s been a Democratic president and a GOP-controlled Congress--our current scenario. But those are precisely the political conditions under which the stock market tends to perform the best, as well as the scenario that Goldman Sachs believes would lead to the most deficit reduction in 2013.

[lbryce]

FReepers have been made well aware of how the MSM would be linking geometrically expanding economic growth the closer we would get to the election and of course we haven't been the slightest bit disappointed by the myriad ingeniously entertaining ways the MSM has conjured up imagery of humongous economic expansion in the shrillest of tones in ways never imagined was within the capacity of human imagination.

This article I believe is a case in point where the shrill tone up a few notches is quite palpable.

I was thinking that it might even be true that economic growth have been the greatest under the Democrats and that is simply because of the time lag for laws passed by previous Republican administrations to begin flourishing.

[molson209]

and when the Democrats are not in power they do everything they can to sabotage all and everything

[RetiredTexasVet]

This is the same Goldman Sucks that refers to its clients as “Moppets”? Right ... a lot of faith in those clowns.

[RetiredTexasVet]

“Muppets”

[cherry]

rats spend our tax money stimulating themselves....I guess you could call that "growth"....

but be a frugal conservative, concerned how much debt we are giving our little ones, and somehow that is not growth....

BS data from a BS news paper....

[cherry]

rats spend our tax money stimulating themselves....I guess you could call that "growth"....

but be a frugal conservative, concerned how much debt we are giving our little ones, and somehow that is not growth....

BS data from a BS news paper....

[woweeitsme]

Also the same “Sucks” that seems to always have places to work for old Donks and GOPe types.

[SunkenCiv]

By “most conservative outcome” Goldman-Sachs means “we’re on the take”.

Thanks lbryce.

[freekitty]

Obama needs to be dumped now along with those cowards in Congress.

[Dead Corpse]

We’re deepest in National debt we’ve ever been and our currency has never been worth less...

I’d say stock performance and GDP are meaningless at this point when not weighted against those two factors...

There were plenty of “ millionaires” in Zimbabwe at one point... Of course, this meant they could afford a loaf of bread...

[CharlesWayneCT]

People tend to vote republican when things are going bad, to fix it. Then when it is fixed, they tend to vote democrat to get more free stuff.

Still, they have chosen a rather small period, and a skewed one. Why start at 1940? Because it eliminates 8 years of depression under a democratic president and democratic congress.

And I think GDP growth was relatively high when we were experiencing high inflation under Carter.

[jveritas]

But, interestingly, it’s grown the least when there’s been a Democratic president and a GOP-controlled Congress--our current scenario.

think that Bill Clinton would strongly disagree with this article that states the economy growth was the least when there was a democrat President and Republican controlled Congress. Don't we always here liberals telling us about the great economy during the Clinton Presidency? Who was controlling Congress in 6 out of 8 years in the Clinton Presidency? Yeah, the Republicans...

[jveritas]

here=hear

[The Antiyuppie]

The pie has grown a little. The number of people expecting a piece of the pie has grown quite a bit.

The number of people making the pie has shrunk.

And that, in a nutshell, is it.

[TribalPrincess2U]

BINGO! Let’s review...
when the Democrats are not in power they do everything they can to sabotage all and everything.
when the Democrats are not in power they do everything they can to sabotage all and everything.
when the Democrats are not in power they do everything they can to sabotage all and everything.
when the Democrats are not in power they do everything they can to sabotage all and everything.

[Huskrrrr]

How many Obama dollars has Goldman Sachs received? Just sayin..

[tet68]

I can believe it, there is a time lag of four to eight
years before an economy feels the effects of
administration.
Clinton is alway spoken of as having a great economy,
but it was because of Reagan policies, nothing clintigula
did.
Likewise this administration has kept it’s foot on
the throat of the economy by it’s insane spending
and regulation that it’s a wonder it all hasn’t
collapsed.

[SGCOS]

>> But, interestingly, it’s grown the least when there’s been a Democratic president and a GOP-controlled Congress--our current scenario

The writer cannot even get that right, so anything after that is BS.

[lbryce]

Before, too. :-)

[Yosemitest]

"economic growth have been the greatest under the Democrats
and that is simply because of the time lag for laws passed by previous Republican administrations to begin flourishing."

Read Why Government Spending Does Not Stimulate Economic Growth.

Also read The Historical Lessons of Lower Tax Rates.