Want A Thriving Economy? Don't Vote In The Red

     The second major piece of legislation signed by Barack Obama (after the Lilly Ledbetter Fair Pay Act, which was signed two days after he took office) was the American Recovery and Reinvestment Act, an economic stimulus in the wake of the Great Recession brought about by the administration of George W. Bush. The first major piece of legislation signed by Joe Biden was the American Rescue Plan Act, an economic stimulus in the wake of the COVID-19 Recession brought about by Donald Trump. Both of the past Republican presidents lost the popular vote, wrecked the economy, and left the responsibility of fixing it to their Democratic successors.

     Ronald Reagan created 16.3 million jobs during his time in the White House. After that, utter disaster: Bush Sr. created 2.617 million jobs in one term, Bush Jr. just 523,000 in two, and Donald Trump actually cost America 3.164 million jobs. On the other hand, Jimmy Carter created 10.117 million jobs in his single term, Clinton created 22.745 million in his two terms, and Obama 12.503 million. President Biden is on track to have the highest job creation rate of them all.

     The best the GOP could come up with, Reagan (almost 40 years ago), created jobs at a slower pace than Jimmy Carter, Bill Clinton, or Joe Biden. Since the administration of Harry S. Truman, Democrats have created jobs at almost 2.4 times the rate of Republicans. That's after FDR pulled America out of the Great Depression that Republican Herbert Hoover failed to handle. Modern history has been even more stark: since Carter, Democrats have created an average of 164,000 jobs per month, while Republicans have created an average of 61,000 jobs a month. That's 2.7 times as quickly.

     Cutting taxes for corporations may have worked as a one-time fix for unprecedented stagflation when Ronald Reagan took office, but the GOP did it four more times. Aside from demonstrating that they no longer have any real platform, the result has been corporations having their tax rate fall from 65 percent to 21 percent while the middle class has paid more and new taxes (the Social Security tax was created by Ronald Reagan). Bill Clinton balanced the budget and paid $500 billion of the national debt; George W. Bush undid it so rich people could have a tax cut. Barack Obama reduced the deficit by 80 percent during his eight years in office; Donald Trump added $6.7 trillion to the national debt.