http://bureaucountydems.blogspot.com/p/economic-record.htmlTHE PARTY WITH THE BEST RECORD OF SERVING REPUBLICAN ECONOMIC VALUES IS THE DEMOCRATS, AND IT ISN'T EVEN CLOSE!"
-Michael Kingsley-
FEDERAL SPENDING: since 1960 Republicans increased Federal Spending by 71% more than have Democrats
FEDERAL DEBT: since 1960 Republicans have increased the National debt by 100% more per year than have Democrats
GROSS DOMESTIC PRODUCT: since 1921, adjusted for inflation, Democrats outproduce Republicans by 43% . Starting in 1940 the Democratic advantage is 23% better.
REAL PER CAPITA INCOME: since 1960 Democrats have outperformed Republicans by 30%. (This is perhaps the most important economic statistic of all).
INFLATION: since 1960, Democrats outperform Republicans 3.13% to 3.89%.
UNEMPLOYMENT: since 1960 it decreases in an average Democratic year by 0.3% to 5.33%, and increases in average Republican year by 1.1% to 6.38%.
JOB CREATION: from 1945 to 2003, Democrats produced 174,200 jobs per month, Republicans have only produced 60,600 per month. Every time a Democrat succeeds a Republican, job creation soars. Every time a Republican succeeds a Democrat job creation plummets. NO EXCEPTIONS!
DOW JONES AVERAGE: since 1921 the DOW has increased by 52% more under Democratic administrations.
THE BOND MARKET: since 1940 the value of 10 year Treasury bonds rose 1.2% under Democrats and fell 0.5% under Republicans.
SOURCES-Bureau of Labor Statistics, Economic Policy Institute, "Christian Science Monitor," "The Los Angles Times" -Michael Kingsley-
by mike kohr 3/7/2006
RESULTS MATTER, VOTE DEMOCRATIC!
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NATIONAL DEBT:
http://bureaucountydems.blogspot.com/p/national-debt.html?
WHY DO REPUBLICAN ECONOMIC PRINCIPLES EXPAND THE NATIONAL DEBT?
-The answer is simple mathematics. Reduced revenue + increased spending ='s increased debt-
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The two biggest promises of "Trickle Down Economics" are it's greatest failings. Proponents of "Trickle Down Economics” claim that tax cuts, skewed to the rich, will create jobs and increase tax revenues. The graph above disproves the latter claim. Job creation plummets under "Trickle Down Economics
see:
http://bureaucountydems.blogspot.com/p/job-growth.html And nine of the last ten recessions have occurred under Republican leadership see
http://bureaucountydems.blogspot.com/p/history-of-recessions.html Two things are certain to grow when a Republican is in the White House, unemployment and the National Debt.
By contrast, "Bubble Up" economnic priciples practiced by Democratic Administrations put people to work, rev up the economy, and balance the Nation's ledger books. Every time. No exceptions.