The Truth About Growth

A perennial, or at least quadrennial, staple of Democratic Party argumentation is the claim that economic-growth rates under Democratic presidents outpace those under Republican presidents. Recently, Hillary Clinton resurrected this familiar mantra. But a closer look at the numbers tells a different story.

  • dance…dancetotheradio

    One of Trudeau’s ideas during the campaign was that we should borrow the money now while interest rates were so low.
    He didn’t mention what is going to happen when the rates go up and the bill comes due.

    • Clausewitz

      He’s hoping the results from his stupidity will not come to fruition for another 20 years. Chances are the collapse of the Canadian economy comes up before the end of his first and only mandate.

      • dance…dancetotheradio

        The housing bubble is going to collapse soon because he doesn’t know how to manage it.
        I’m sensitive to people’s political views.
        It’s like gaydar.
        Years ago on a Saturday shift waiting tables in a grungy suburban hotel I poured coffee to a couple of old guys in an empty restaurant.
        They were talking politics and I asked them what they were talking about.
        One of them said, if the government gets into the business of borrowing, how can the cost of money not go up?

  • Hard Little Machine

    Leftist economics is fundamentally a rationing society, It’s based on the idea that everything is as great as it ever will be and it’s all slowly going to run out to zero from here. This makes it the government’s job to carefully micromanage that allotment down to zero. And when nothing’s left, we all die.

  • Dana Garcia

    Sucko jobs report for US in May — only 38,000 added.

    The effects of Obama regulations plus outsourcing and automation accumulate: my opinion.

    • Clausewitz

      And he continues to claim that unemployment is going down. Of course he’s cherry picking his stats since the only reason why so many are off of unemployment is because their benefits ran out, not because they found a job.