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Democratic Presidents Are Better For Economy, Stock Market
Video Credit: Wochit News
Published on August 25, 2020 - Duration: 00:36s
Democratic Presidents Are Better For Economy, Stock Market
Contrary to popular belief, the stock market and economy have performed better under Democrats.
The data used to draw this conclusion goes back to 1946, says Business Insider.
Republican president's drive to cut taxes and reduce government spending.
This makes for lower economic expansion and stock market returns than when a Democratic president is in office.
Since 1947, the S&P 500 has posted a total annual return of 10.8% under Democratic presidents.
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