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‘Good Information To Know’ From The Economic Policy Institute: Economic Performance ‘Is Stronger When Democrats Hold The White House’

Published Monday, April 15, 2024
by Labor News Story Link To The Economic Policy Institute
‘Good Information To Know’ From The Economic Policy Institute: Economic Performance ‘Is Stronger When Democrats Hold The White House’

Josh Bivens at the Economic Policy Institute (EPI) zeroes in on a new EPI report that shows the economy performs much better during Democratic Presidential Administrations than during Republican ones.  Since 1949, there has been a Democratic advantage in the average performance of key macro-economic indicators measuring economic health, including: Gross Domestic Product (GDP) growth; Job growth; the Unemployment rate; Growth in inflation-adjusted wages; Growth of market-based incomes per capita; Inflation; and Interest rates.  This Democratic advantage is across the board in all variables the EPI measured, but strongest in Private Sector outcomes - notably, business investment, job growth and the growth of market-based incomes.  Household income growth (which was adjusted for inflation) was faster on average and far more equal during Democratic Administrations, and the Democratic advantage shows up for every group. 

For More On This Labor News Story, Go To: Economic performance is stronger when Democrats hold the White House | Economic Policy Institute (epi.org)

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