This is the second of two tables prepared by Bob McElvaine to accompany the article in the preceding post. I formatted them here to look right in the "Link to this entry" view, but they may look garbled in the recent-post view.
UNDER WHICH PARTY DO AMERICANS IN GENERAL FARE BETTER?
Since 1929 (Hoover through G.W. Bush)
Republican Democratic Party with
Administrations Administrations better performance
(Hoover, Eisenhower (FDR, Truman, JFK,
Nixon, Ford, Reagan, LBJ, Carter & Clinton)
Bush & Bush)
Average Mean Growth
In Real GDP Democrats
since 1930) +1.8% +5.1% 2.8 times faster growth
Annual Growth in
Mean Disposable Democrats
Personal Income +2.3% +4.3% 1.9 times faster increase
Average Annual Democrats
Deficit -$83.4 bllion -$20.0 billion Deficit <24% that
of Republicans
Average Annual
Percentage Increase in Democrats
Dow Jones Industrials +3.8% +9.5% 2.5 times faster increase
Since 1968 (Nixon through G.W. Bush)
Republican Democratic Party with
Administrations Administrations better performance
(Nixon, Ford, Reagan, (Carter & Clinton)
Bush & Bush)
Average Mean Growth
In Real GDP Democrats
since 1930) +2.9% +3.6% 2.8 times faster growth
Annual Growth in
Mean Disposable
Personal Income +3.2% +3.2% Even Democrats
Average Annual Democrats
Deficit -$122.4 bllion -$45.6 billion Deficit <38% that
of Republicans
Since 1988 (The Two Bushes compared with Clinton)
Republican Democratic Party with
Administrations Administrations better performance
(G.H.W. Bush + G.W. (Clinton)
Bush)
Average Mean Growth
In Real GDP Democrats
since 1930) +2.6% +3.7% 2.8 times faster growth
Annual Growth in
Mean Disposable Democrats
Personal Income +2.9% +3.3% 1.9 times faster increase
Average Annual Democrats
Deficit -$256.3 bllion -$40.0billion Deficit <16% that
of Republicans
2 comments:
I'm not sure about the math in your third column in each set, especially since they're the exact same values all three times despite very different percentages in the first and second columns each time.
Specifically, in your "Since 1968" section, if BOTH Democrats AND Republicans show a 3.2% growth in Mean Disposable Personal Income, I'm not sure how it can be true that the Democrats' statistic can be "1.9 times faster" than that of the Republicans.
Patrick
Patrick, you're exactly right! I've corrected the column above to be "Even Democrats", which is what Bob had in his original. Thanks for catching my glitch. (Seriously!) - Bruce
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