Economic performance is stronger when Democrats hold the White House
Key findings
• Since 1949, there has been a Democratic advantage in the average performance ofkey macroeconomic indicators measuring economic health, including:
◦ Gross Domestic Product (GDP) growth
◦ Job growth
◦ Unemployment rate
◦ Growth in inflation-adjusted wages
◦ Growth of market-based incomes per capita
◦ Inflation
◦ Interest rates
• This Democratic advantage is across theboard in all variables we measure but strongest in private-sector outcomes—notably, business investment, job growth, and the growth of market-based incomes.
• Household income growth (adjusted for inflation) was faster on average and far more equal during Democratic administrations, and the Democratic advantage shows up for every group. https://www.epi.org/publication/econ-performance-pres-admin/
