Re: [Pen-l] why the new Prez may not be able to help the economy

To: Progressive Economics <pen-l@xxxxxxxxxxxxxxxxxx>
Subject: Re: [Pen-l] why the new Prez may not be able to help the economy
From: Doug Henwood <dhenwood@xxxxxxxxx>
Date: Mon, 30 Jun 2008 17:16:20 -0400


On Jun 30, 2008, at 4:51 PM, Jim Devine wrote:

Over the past 219 years, the U.S. economy has expanded under all types
of presidents, Democratic and Republican, activist and somnolent.

Over the past 50 or 60 years, GDP growth and employment growth have been stronger under Dems than Reps. Reps have excelled at disinflation and bond market returns. Inequality has also increased faster under Rs than Ds. I don't know why this is, but it's an empirical fact.

Doug
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References:
- [Pen-l] why the new Prez may not be able to help the economy
  - From: Jim Devine

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Thread context:
- Re: [Pen-l] work less -- consume MORE!, (continued)
- [Pen-l] dog bites man, Jim Devine Mon 30 Jun 2008, 22:47 GMT
- [Pen-l] "the biggest financial crime ever perpetuated", raghu Mon 30 Jun 2008, 21:53 GMT
- [Pen-l] why the new Prez may not be able to help the economy, Jim Devine Mon 30 Jun 2008, 20:36 GMT
  - Re: [Pen-l] why the new Prez may not be able to help the economy, Doug Henwood Mon 30 Jun 2008, 21:00 GMT
- [Pen-l] Dean Baker on oil speculation, Jim Devine Mon 30 Jun 2008, 14:11 GMT
- [Pen-l] Selling your soul for a tenure-track position, Louis Proyect Mon 30 Jun 2008, 12:44 GMT
- [Pen-l] music-lovers walk, Jim Devine Mon 30 Jun 2008, 01:14 GMT
  - Re: [Pen-l] music-lovers walk, Sandwichman Mon 30 Jun 2008, 14:39 GMT

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