Republicans vs. Democrats: Which Party Is Better for the Economy?
Economy | Information | History | Online | Facts | World | Global | Money
"It's the economy, stupid!" This slogan popularized during former President Bill Clinton's campaign trail highlighted one of the most important issues in politics. Both Republicans and Democrats love to spout policy rhetoric to their core voting base. But at the end of the day, Americans care about how an administration will affect their wallet. President Clinton was able to tap into that sentiment successfully. Don't be surprised if the 2016 Election also hinges on which party delivers the economic goods. Hillary Clinton fired the first shot early on in the primary season. During a Democratic debate on October 13, 2015, Clinton bluntly stated, "The economy does better when you have a Democrat in the White House and that’s why we need to have a Democrat in the White House in January 2017." She followed up those remarks by saying, "There’s a lot of evidence that when we have a Democrat in the White House, unemployment is lower, income is higher, and even the stock market is higher." No stranger to controversy, Donald Trump has been a repeated critic of liberal economic policies. His most high-profile target is U.S. Federal Reserve Chair Janet Yellen. Trump characterized the low interest rate environment promoted by the Fed as being politically motivated. He further raised eyebrows by stating that Yellen should be ashamed of herself. Despite the expected back-and-forth between the Democrats and Republicans, it's hard to ignore public perception. The global financial crisis exploded under former President George W. Bush's watch, hurting Senator John McCain's chances for the White House. While President Barack Obama is very unpopular among conservative circles, by the fortune of history, he was the leader that saw the economy recover. But are the Democrats really better for the economy? Or is their perceived performance a beneficiary of arbitrary timing? These are the questions that will shape the 2016 Election in the closing stages. We'll take a deeper look at three metrics -- the Dow Jones Industrial Average, GDP growth, and workers' wages -- to reveal the truth of the matter.
Comments
-
please cut the intro music to 7 seconds or less.
-
Can't we just integrate and find out?
-
it should have read ....DEMICANS or REPUBLICRATS !
6m 37sLenght
5Rating