A statistical study from Truman to Bush 2 shows that under Democratic presidents the rate of change of unemployment decreases by 0.22%/yr, and under Republicans it increases 0.35%/yr. This means that for a typical 8 year presidency, unemployment decreases 1.8% for Democrats, but increases by 2.4% when a Republican is president. If you add these together you can claim that unemployment is typically 4.2% better if there is a Democratic president, compared to having a Republican one.
No comments:
Post a Comment