On Tuesday night, Fox Business will host the next debate between the 2016 GOP presidential contenders. All involved are hoping to avoid a repeat of the last such event, the CNBC fiasco which left the moderators embarrassed and the campaigns whining. But while the Republicans have been fretting about the debate format, questions, opening and closing statements, bathroom breaks and even the room temperature, the GOP White House wannabees have a much bigger problem. As a spate of recent analyses once again confirmed, the U.S. economy almost always does better under Democratic presidents.
Going back to Herbert Hoover, the economy grew faster, job creation accelerated, incomes expanded and stock prices jumped higher when a Democrat sat in the Oval Office. And as theNew Democrat Network documented last month, the last four presidencies are no exception (see chart above):
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