"Between 1948 and 2005, real income rose more under Democratic presidents than under Republicans. And yet Republicans benefitd from a curious election-year pattern. For Republican presidents, the economy was typically sluggish during the second and third years of their terms, but strong in the fourth years, while for Democrats it was the opposite. When Republicans take office, they worry about inflation first and slow the economy in order to deal with it; the economy then bounces back toward the latter part of the term. Democrats typically prioritize the creation of jobs, and then, worried about inflation toward the end of the term, slam on the brakes."
http://www.nytimes.com/2008/12/14/magazine/14Ideas-Section2-B-t-004.html?partner=rss&emc=rss
This blog is meant to capture the intersection of business, economics, politics, science, humanities, global culture, facts, figures, ideas, human nature, inventions, technology, health, food, sex...It is really an ode to life and the many things to think about and consider along the way.
Monday, December 22, 2008
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