Sunday, January 25, 2009

Democrats Better for the Economy Than GOP

The Washington Post reports that Bush presided over the worst eight-year economic performance in the modern American presidency, while the New York Times reports his historic failures in GDP growth, job stagnation and stock market performance. As it turns out, Bush is just the latest Republican to confirm the maxim that the economy overall performs better under the Democratic Party. The New York Times also reported in October that governance under the Democratic Party has more successfully promoted American capitalism as a whole. The last eight years shows as myth that Republican Conservative governance yields superior stewardship over the American economy. Now, in 2009, in the aftermath of eight years of Republican Conservative governance, investors gear up for a deluge of weak earnings and the biggest plunge in GDP in 26 years.

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