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rfranklin Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Aug-05-11 09:43 AM
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If anyone gives you crap about Republicans being good for business...
October 14, 2008
Bulls, Bears, Donkeys and Elephants

By TOMMY McCALL
Since 1929, Republicans and Democrats have each controlled the presidency for nearly 40 years. So which party has been better for American pocketbooks and capitalism as a whole? Well, here’s an experiment: imagine that during these years you had to invest exclusively under either Democratic or Republican administrations. How would you have fared?




As of Friday, a $10,000 investment in the S.& P. stock market index* would have grown to $11,733 if invested under Republican presidents only, although that would be $51,211 if we exclude Herbert Hoover’s presidency during the Great Depression. Invested under Democratic presidents only, $10,000 would have grown to $300,671 at a compound rate of 8.9 percent over nearly 40 years.

http://www.nytimes.com/interactive/2008/10/14/opinion/20081014_OPCHART.html
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DrDan Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Aug-05-11 09:52 AM
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1. that is a little incomplete - I believe you also have to look at the congressional makeup as well
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rfranklin Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Aug-05-11 10:05 AM
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2. This is a long term look at results....
Edited on Fri Aug-05-11 10:06 AM by rfranklin
and there have been Democratic majorities and Republican majorities under presidents of both parties. The bottom line is that Republicans stink at everything they claim to be good at.

Bush On Jobs: The Worst Track Record On Record
President George W. Bush entered office in 2001 just as a recession was starting, and is preparing to leave in the middle of a long one. That’s almost 22 months of recession during his 96 months in office.

His job-creation record won’t look much better. The Bush administration created about three million jobs (net) over its eight years, a fraction of the 23 million jobs created under President Bill Clinton‘s administration and only slightly better than President George H.W. Bush did in his four years in office.

Here’s a look at job creation under each president since the Labor Department started keeping payroll records in 1939. The counts are based on total payrolls between the start of the month the president took office (using the final payroll count for the end of the prior December) and his final December in office.

http://blogs.wsj.com/economics/2009/01/09/bush-on-jobs-the-worst-track-record-on-record/tab/print/

If you average the job creation figures in the article, Democrats increased jobs by almost 18% on average while Republicans averages half that!
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