Re:Vanguard Warns of Worsening Odds for the Economy and Markets
by thatjsguy on Tuesday August 14, 2018 @12:32AM
(#17755609)
Pretty sure being able to afford food, a home, and healthcare is much more beneficial to society as a whole than having a poor underclass of laborers. But hey, maybe it’s the stuff you said too.
Re:Vanguard Warns of Worsening Odds for the Economy and Markets
by philwelch on Tuesday August 14, 2018 @02:29AM
(#17755957)
I get that we’re deep in a non-sequitur subthread here, but I don’t see how what you said is a meaningful explanation of the theory of recessions coinciding with Republican presidential administrations.
Well, maybe.
Or maybe Republican policies are beneficial in the long term, which means they don't start working until after they've left office and don't stop working until the Democrat who replaces them has dismantled them.
Or maybe voters tend to vote Republican when they are uncertain about the future, i.e. in periods of instability.
Or maybe the President doesn't make a huge difference either way in most cases, and the business cycle got into a rhythm where corrections started happening in a quasi-regular rhythm that seems to coincide with elections with Republican incumbents. (The only point where it seemed to get out of this rhythm, after WWII, was the double-dip recession of the early 80's, which coincided with a Democrat -> Republican party switch that didn't switch back until there was another recession).
Or maybe there's been only 15 US Presidents to serve at least a full term in the past 100 years and it's not a meaningful sample size. I'm going to bet that's the one.