Research from Forbes magazine The Capitalist Tool Personal disposable income has grown nearly 6 times more under Democratic presidents Gross Domestic Product (GDP) has grown 7 times more under Democratic presidents Corporate profits have grown over 16% more per year under Democratic presidents (they actually declined under Republicans by an average of 4.53%/year) Average annual compound return on the stock market has been 18 times greater under Democratic presidents (If you invested $100k for 40 years of Republican administrations you had $126k at the end, if you invested $100k for 40 years of Democrat administrations you had $3.9M at the end) Republican presidents added 2.5 times more to the national debt than Democratic presidents The two times the economy steered into the ditch (Great Depression and Great Recession) were during Republican, laissez faire administrations Obama at this time would rank on par with Reagan Corporate profits have risen under Obama more than any other president The stock market has soared 14.72%/year under Obama, second only to Clinton — which should be a big deal since 2/3 of people (not just the upper class) have a 401K or similar investment vehicle dependent upon corporate profits and stock market performance” The (Republican) platform is the inverse of what has actually worked to stimulate economic growth The recommended (Republican) platform tax policy is bad for velocity, and will stagnate the economy Repealing the Affordable Care Act (Obamacare) will have a negative economic impact because it will force non-wealthy individuals to spend a higher percentage of income on health care rather than expansionary products and services Economic disaster happens in America when wealth is concentrated at the top, and we are at an all time high for wealth concentration. There is nothing in the (Republican) platform which addresses this issue.
Posted on: Thu, 20 Nov 2014 04:47:18 +0000
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