Day: November 1, 2024

Democrats Have Cleaned Up Republican Economic Messes Since 1953!

It is amazing how Republicans have lied incessantly for the past 70 years about the economy under Democratic Presidents, when it is such Democratic Presidents who have revived the economy after Republican Presidents managed to preside over economic recessions.

John F. Kennedy and Lyndon B. Johnson presided over economic prosperity in the 1960s, after three recessions under Dwight D. Eisenhower.

Jimmy Carter presided over an economic recovery from the Recession of 1974-1975 under Richard Nixon and Gerald Ford, but sadly had to deal with another short lived, six months, recession in 1980, which was one of the factors, but not the most important, in his defeat, as the only Democratic President who had an economic decline since 1953.

Bill Clinton presided over an economic recovery from the recession under George H. W. Bush in the early 1990s, having a long period of economic prosperity.

Barack Obama presided over a long economic recovery from the Great Recession of 2008-2009 under George W. Bush, over 75 months from 2010-2017.

Joe Biden presided over revival of the American economy, from a great economic recession in office in 2020 under Donald Trump, a time of dramatic economic loss due to the Covid 19 Pandemic.

While there were moments of high inflation under Joe Biden due to the aftermath of the Pandemic, as with all Democratic Presidents, there was job growth, with most jobs created under them, and the percentage under Republican Presidents being very few under Presidents Eisenhower, Nixon, Ford, Reagan, and the Bushes, and a massive job loss under Donald Trump.

These are economic facts, no matter what Donald Trump and Republicans claim to be the truth!