Washington, D.C.— In almost every measure of the economy, economic performance is stronger under Democrats than Republicans, according to a new report released by the Joint Economic Committee (JEC) Democrats. Of the 11 recessions in the modern era, 10 have begun under Republican presidents.
“For decades, Democrats have implemented policies that create jobs, expand the middle class, and strengthen the economy. What have Republicans done during that time? They give handouts to their friends on Wall Street,” said JEC Chairman Martin Heinrich. “While Republicans spend all their energy attempting to pass legislation that only benefit the wealthiest of the wealthy, Democrats will continue to deliver results for working people across the country.”
An analysis of the last seven presidential administration also shows that manufacturing job growth increased under Democratic presidents, while decreasing under all Republican presidents. The total number of manufacturing jobs decreased by 178,000 under President Trump, while the number increased by 729,000 under the Biden-Harris administration.
Read the full report here.
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