This is the first 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.
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UNDER WHICH PARTY DO THE RICH FARE BETTER?
Since 1968 (Nixon through G.W. Bush)
Republican Democratic Party with
Administrations Administrations better performance
(Nixon, Ford, Reagan (Carter & Clinton)
Bush & Bush)
Average Annual Gain
in Mean Income of the
Richest 5% of US Households (in Democrats
constant 2002 Dollars) +$1,706 +$6,921 4 times faster increase
Average Annual
Percentage Increase in Democrats
Dow Jones Industrials +7.1% +11.1% 1.6 times faster increase
Since 1968 (Nixon through G.W. Bush)
Republican Democratic Party with
Administrations Administrations better performance
(G.H.W. Bush + G.W. (Clinton)
Bush)
Average Annual Gain
in Mean Income of the
Richest 5% of US
Households (in Democrats
constant 2002 Dollars) -$1,999 +$10,241 $12,000 per year faster increase
Average Annual
Percentage Increase in Democrats
Dow Jones Industrials +6.7% +16.8% 2.5 times faster increase
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