Tuesday, May 10, 2005

Why does America do better under Democratic Presidents?

Kevin Drum puts what most of us know intuitively into words, numbers and an easy-to-understand graph.

"Conservatives drive up income inequality because they focus primarily on the well off, which benefits only the well off. Liberals keep income inequality in check because they focus (or should focus) primarily on the working and middle classes, which benefits everyone. And that's the underlying reason that Democratic presidents are better for the economy than Republican presidents. If you keep the unemployment level low and middle class incomes growing, the rest of the economy will pretty much take care of itself."


Go and read.

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