Since 1933, the economy has grown at an annual average rate of 4.6 percent under Democratic presidents and 2.4 percent under Republicans, according to a Times analysis. In more concrete terms: The average income of Americans would be more than double its current level if the economy had somehow grown at the Democratic rate for all of the past nine decades.
The gap holds almost regardless of how you define success. Two economics professors at Princeton, Alan Blinder and Mark Watson, describe this pattern as startlingly large, indicating a consistent trend in economic growth under presidents from different political parties.
The six presidents who have presided over the fastest job growth have all been Democrats, whereas the four presidents who have presided over the slowest growth have all been Republicans, showing a distinct correlation between party affiliation and economic performance over the last century.
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