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This week’s show
Why Is The Economy Better Under Democrats?
A few weeks ago Chuck Todd interviewed a Princeton economist who did some research on economic performance based on the president in office. Something that many new empirically became obvious. Specifically, the economy does substantially better under Democratic Presidents than under Republican President irrespective of which party holds Congress.
When I watched the interview I was perplexed. Inasmuch as the empirical evidence was irrefutable, both Chuck Todd and the Princeton economist attempted to waiver in the conclusions. From a scientific perspective one wants to eliminate the possibility that this is just a random set of events.
I recorded the interview but did nothing with it because I wanted to read the entire report to see if there was reason for the professor’s apprehension to simply make the blanket statement that in fact because of certain ideological realties an economy like the US does better with a Democrat at the helm.
After reading the report one had to be upset with the economist’s apprehension. This man went through hoops to not sound partisan. In the process he hurts hi credibility and his very thorough research. One cannot help but ask if he felt he had to take this stance to avoid ‘repercussions.’
Today I want to discuss the report. On Monday on Politics Done Right on KPFT 90.1 FM the topic will be why it is essential that news gets crowd sourced. I will have four bloggers on discussing why it is imperative to make the current traditional news media irrelevant. The reporting of the Princeton economist’s report is probative.
Visit the blog post here.
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