Washington Post
Democratic Superiority, by the Numbers
By Michael Kinsley
Sunday, April 3, 2005; Page B07

It was the TV talker Chris Matthews, I believe, who first labeled
Democrats and Republicans the "Mommy Party" and the "Daddy Party."
Archaic as these stereotypes may be, they do capture general attitudes
about the two parties. But we live in the age of the one-parent
family, and it is Mom more often than Dad who must play both roles.

It has not escaped notice that the Daddy Party has been fiscally
misbehaving. But it hasn't really sunk in how completely Republicans
have abandoned allegedly Republican values -- if in fact they ever
really had such values.

Our text today is the statistical tables of the 2005 Economic Report
of the President. I did this exercise a while back with the 2004
tables and couldn't quite believe the results. But the 2005 data
confirm it: The party with the best record of serving Republican
economic values is the Democrats. It isn't even close.

The Republican values I refer to are universal. We all want
prosperity, oppose unemployment, dislike inflation, don't enjoy paying
taxes, etc. These values are Republican only in the sense that
Republicans are supposed to treasure them more and to be more
reluctant to sacrifice them for other goals such as equality and clean
air.

Statistics back to 1959 make this clear. A consistent pattern over 45
years cannot be explained by shorter-term factors, such as war or who
controls Congress. Maybe presidents can't affect the economy much, but
the assumption that they can and do is so prominent in Republican
rhetoric that they are stuck with it. So consider:

Federal spending (aka "big government"): It has gone up an average of
about $50 billion a year under presidents of both parties. But that
breaks down as $35 billion a year under Democratic presidents and $60
billion under Republicans. If you assume that it takes a year for a
president's policies to take effect, Democrats have raised spending by
$40 billion a year and Republicans by $55 billion.

Leaning over backward even farther, let's start our measurement in
1981, the date when many Republicans believe that life as we know it
began. The result: Democrats still have a better record at smaller
government. Republican presidents added more government spending for
each year they served, whether you credit them with the actual years
they served or with the year that followed.

Federal revenue (aka taxes): You can't take it away from them:
Republicans do cut taxes. Or rather, tax revenue goes up under both
parties but about half as fast under Republicans. It's the only test
of Republican economics that the Republicans win.

That is, they win if you consider lower federal revenue to be a
victory. Sometimes Republicans say that cutting taxes will raise
government revenue by stimulating the economy. And sometimes they say
that lower revenue is good because it will lead (by some mysterious
process) to lower spending.

The numbers in the Economic Report of the President undermine both
theories. Spending goes up faster under Republican presidents than
under Democratic ones. And the economy grows faster under Democrats
than Republicans. What grows faster under Republicans is debt.

 Under Republican presidents since 1960, the federal deficit has
averaged $131 billion a year. Under Democrats, that figure is $30
billion. In an average Republican year, the deficit has grown by $36
billion. In the average Democratic year it has shrunk by $25 billion.
The national debt has gone up more than $200 billion a year under
Republican presidents and less than $100 billion a year under
Democrats.

As for measures of general prosperity, each president inherits the
economy. What counts is what happens next. Let's take just two
measures, although they all show the same thing: Democrats do better
under every variation. From 1960 to 2005 the gross domestic product
measured in year-2000 dollars rose an average of $165 billion a year
under Republican presidents and $212 billon a year under Democrats.
Measured from 1989, or measured with a one-year delay, or both, the
results are similar. And how about this one? The average annual rise
in real per capita income -- that's the statistic that puts money in
your pocket. Democrats score about 30 percent higher.

Democratic presidents have a better record on inflation (averaging
3.13 percent compared with 3.89 percent for Republicans) and on
unemployment (5.33 percent versus 6.38 percent). Unemployment went
down in the average Democratic year, up in the average Republican one.

Almost forgot: If you start in 1981 and if you factor in a year's
delay, Republican presidents edge out Democratic ones on inflation,
4.57 to 4.36. Congratulations.

http://www.washingtonpost.com/ac2/wp-dyn/A20059-2005Apr1?language=printer

It doesn't go into the reasons one of which is that the US has a
consumer driven economy and that practices that may seem good for
business often harm consumers.  As Ford said you need to pay your
workers enough to buy your products.

-- 
Gary Denton

-->Reading Nausicaa of the Valley of the Wind before watching the DVD
later this month.

Easter Lemming Blogs
http://elemming2.blogspot.com
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