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https://www.presidency.ucsb.edu/statistics/data/federal-budget-receipts-and-outlays
Thats a good chart, so during recessions and emergencies the spending increases dramatically, then goes back to a normal path progressively upwards.
Yes, and for some reason those recessions and emergencies happen when morons are in charge. Who would've guessed?
Did the democrats do anything about the housing bubble?
Heres the yays and nays for their voting to deregulate banks:
https://clerk.house.gov/evs/1999/roll570.xml
Just gonna steal this from someone else, but
Longer than that, I bet. This report from EPIAction doesn't specifically mention spending increases and decreases, but all other economic indicators have been better under Democrats than they have under Republicans for at least 75 years.
Since 1949, there has been a Democratic advantage in the average performance of key macroeconomic indicators measuring economic health, including:
Gross Domestic Product (GDP) growth
Job growth
Unemployment rate
Growth in inflation-adjusted wages
Growth of market-based incomes per capita
Inflation
Interest rates
The US economy has performed better when the president of the United States is a Democrat rather than a Republican, almost regardless of how one measures performance…The superiority of economic performance under Democrats rather than Republicans is nearly ubiquitous: it holds almost regardless of how you define success. By many measures, the performance gap is startlingly large.
Wow, that was a sharp turn.
That was a large cause of the GFC. I'm just saying its not as if democrats are much better, most aren't Bernie Sanders.