Bob Deitrick and Lew Godlfarb have documented the superiority of Democratic economic policies, compared with those of Republicans, in a study of the Presidents of the United States from the years 1929 to 2009.
Deitrick is principal owner of an independent wealth management practice, Polaris Financial Partners, LLC in Westerville, Ohio.
Deitrick and Goldfarb, an educator, published Bulls Bears and the Ballot Box, a book that examines presidents Herbert Hoover through George W. Bush, Jr., ranking them according to their performance in three distinct economic categories. Barack Obama
The authors review 80 years of our nation’s economic history from the Great Depression and Herbert Hoover, to the Great Recession and George W. Bush, Jr.’ a time period in which the Democratic and Republican Parties occupied the Oval Office for 40 years each.
The authors looked at 12 economic factors such as “the deficit, months in recession and stock market performance” when ranking the Presidents.
Adam Hartung of Forbes said of the book, “Their compendium of economic facts is the most illuminating document on economic performance during different administrations, and policies, than anything previously published.”
“When it comes to which party is better for the economy, Republicans talk the talk, but it’s Democrats who deliver the goods according to an unusual 80-year study of the impact presidents have on growth, personal wealth, the stock market and even 401ks,” wrote Paul Bedard, a reporter who joined the Washington Examiner after more than a decade at U.S. News & World Report.
“The bottom line, according to Bulls, Bears and the Ballot Box: Of the five best economic presidents since Herbert Hoover, only one is a Republican,” said Bedard. “The paydirt finding: $100,000 invested during the 40 years Republicans had the White House would be worth $126,027. The same amount invested in the stock market during the Democrat’s 40 years would be $3,912,210.”
Republican presidents added 2.5 times more to the national debt than their counterparts, and such indicators as stock values, income and productivity are far better under Democratic presidents.
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