"Want A Better Economy? History Says Vote Democrat!"

[applegrove]

Want A Better Economy? History Says Vote Democrats!

by Adam Hartung at Forbes

http://www.forbes.com/sites/adamhartung/2012/10/10/want-a-better-economy-history-says-vote-democrat/?p=1

"SNIP.............................


Well, for those who feel this way it may be time to review the last 80 years of economic history, Bob Deitrick and Lew Godlfarb have done it in a great, easy to read book; “Bulls, Bears and the Ballot Box” (available at Amazon.com) Their heavily researched, and footnoted, text brings forth some serious inconsistency between the common viewpoint of America’s dominant parties, and the reality of how America has performed since the start of the Great Depression.

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The authors looked at a range of economic metrics including inflation, unemployment, corporate profit growth, stock market performance, household income growth, economy (GDP) growth, months in recession and others. To their surprise (I had the opportunity to interview Mr. Goldfarb) they discovered that laissez faire policies had far less benefits than expected, and in fact produced almost universal negative economic outcomes for the nation!

From this book loaded with statistical fact tidbits and comparative charts, here are just a few that caused me to realize that my long-term love affair with Milton Friedman‘s writing and recommended policies in “Free to Choose” were grounded in a theory I long admired, but that simply have proven to be myths when applied!

•Personal disposable income has grown nearly 6 times more under Democratic presidents


...............................SNIP"

[elleng]

1. Sure does, nothing new here.

[applegrove]

2. Democrats get into power and try & help most groups of people.

Republicans get into and orient almost everything to benefit the rich.