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BB_Smoke

(62 posts)
5. Another look at this study
Thu Dec 5, 2013, 03:10 PM
Dec 2013

President Harry S. Truman famously observed that “If you want to live like a Republican, vote Democratic!” But just how much truth is there to this popular maxim? Economists Alan Blinder and Mark Watson of Princeton University put it to the test in their new study “Presidents and the Economy: A Forensic Investigation.” Their research reveals that patterns tending to favor Democratic presidents can be linked to specific economic barometers: Consumer confidence, oil shocks, and productivity shocks. However, the bulk of their findings attributes the overall success of White House Democrats to “random fluctuations.” Or as they put it in layman’s terms, “luck”.

- See more at: http://aattp.org/new-study-proves-u-s-economy-fares-better-under-democratic-presidents/#sthash.OwMJF0Qn.dpuf

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