The New Democrat Network: Blog: Corey Cantor: Comparing The Economic Records of The Last Two Democratic and Republican Presidents
This post was originally posted at The New Democrat on WordPress
Facts can only sound partisan when they clearly lean in favor of one party or the other. But there’s nothing partisan about the truth. The fact is since 1989, the American economy has done better under Democratic president’s than Republican president’s. I disagree with Corey Cantor on one thing though. Bill Clinton didn’t inherit a recession in 1993, the George H.W. Bush recession was over by I believe the spring of 1992 and the economy grew at around two-percent the last quarter of that year. And President Bush 1 did have a net increase in jobs during his four years.
This isn’t any partisan attacks and if the situation was reversed with the economy doing better under Republican president, you can bet your last dollar that Republicans would be throwing those facts in Democratic faces. But the facts are the economy since 1989 has done better under Democratic presidents. And I could go into why and why I believe that is the case, but that is really the subject for another blog in the future. But as much as Republicans love to talk about fiscal responsibility and fiscal restraint, other than George H.W. Bush their presidents haven’t had a very good record there, at least in recent history.