The coming recession, even if mild, is going to look bad on the political balance sheet
January 17th, 2008 at 02:28pm Pat Cunningham
Even if the looming recession turns out to be not so bad as to make electoral prospects for Republican candidates a lot worse in November, it’s not going to improve the historical record regarding the performance of the U.S. economy under Republican administrations.
There’s a durable myth in our society that Republicans are better than Democrats at handling the economy. It stems from the false stereotypes of Republicans as business types and Democrats as welfare statists.
The truth, as THESE TWO GUYS noted last summer in a piece full of statistics, is something else.
POSTSCRIPT: Here’s ANOTHER ARTICLE from a couple of years ago that makes much the same point.
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