Who do you trust more with the economy: Democrats or Republicans? | The Tylt

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Who do you trust more with the economy: Democrats or Republicans?
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A recent NBC News/Wall Street Journal poll found most Americans believe Democrats would do a better job handling the economy. 

35 percent of respondents say the Democratic Party does a better job on the economy. Thirty percent of respondents said the Republican Party does a better job... That advantage is the Democrats' largest since July 2009.
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Looking at historical data that includes metrics like "GDP, job creation, business investment and avoiding recessions," Jere Glover of Forbes found the economy has in fact done a lot better when Democrats were in the White House. 

It is simply a fact that since World War II, Democratic presidents have seen 24.4 million more jobs created on their watch—an average of 78.6% more jobs created per year of Democratic administrations—than have Republican presidents. Ditto real GDP growth, 44% higher under Democratic presidents. On the flip side, unemployment has been 18% higher under GOP presidents.

Even Donald Trump admitted in a 2004 interview with Wolf Blitzer:

"I’ve been around for a long time and it just seems that the economy does better under the Democrats than the Republicans.”
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New York Times columnist Paul Krugman points out that California's economic performance has improved drastically since Democrats took control of the state.

"Bear in mind is that (a) conservatives predicted disaster from these measures, insisting that CA was committing economic suicide, and (b) CA did the opposite of the policies [Republicans] claim will produce rapid growth for the US as a whole."
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But many argue the GOP tax bill will strengthen American business and will be a testament to Republican economic policy. 

Bolstering business in the United States is the guiding principle of Mr. Trump’s approach to trade—although his vision of what will help companies competing in a global economy differs sharply from the perspectives of many corporate executives.
Republicans contend that reducing corporate taxation will encourage businesses to increase investment, driving faster growth and prompting businesses to pay higher wages. The White House Council of Economic Advisers projected that the plan would lift a typical household’s income by $3,000 to $7,000 a year.
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Trump has taken credit for the current economy, even though critics argue President Obama is largely responsible for the current strong economy. As Trump sees it, the stock market is up because he got rid of all the regulations that were holding American businesses back. He's a businessman, and so other business leaders are confident that he'll be doing what's best for American businesses.

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Who do you trust more with the economy: Democrats or Republicans?
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#DemsGrowTheEconomy
#GOPBetterForEconomy