10/21 Stock market performed better under Democratic presidencies.
http://polls.yahoo.com/public/archives/57019568/p-quote-273
(Yahoo! Finance)
I thought Republicans are the pro-business ones.
\_ the difference is statistically small. On the opposite end you
could argue that Democratic Presidents start more wars than
Republican Presidents by a proportion of five to one.
\_ "pro-business" is different from "pro-market". Compare corporate
welfare and coddling protectionism (handouts) to the kind of
regs that enhance competition (regulation) like the wireless
number portability rule that will soon make cell phone companies
actually compete with each other. "Pro-market" is good for
consumers because it enhances competition. "Pro-business" is
usually just big corporate donors getting cushy perks, bought
and paid for. --aaron
\_ I've heard this theory that the more gov't leaves business alone
the better business does. Maybe the dems, by not changing much
to do with business, didn't fuck them up?
\_ don't think Republicans are "pro-business" as much as they are
pro-corporate executive profits. ... if you look at it this way,
clearly this attitude will adversely affect business (enron, etc)
\_ Ah, got it.
\_ What? No snide comments from the self proclaimed "real"
conservatives? Here's a thought: a good economy makes life
easier for most people, but a bad economy with big tax cuts
for the very wealthy is only good for the very wealthy.
Republicans don't give a shit about small to medium size
businesses, an assertion proven by the current republicans
in the white house and in congress.
\_ Well, I was going to comment, but you seem to be carrying
a nice conversation with yourself, so I ll leave you to it.
-- real conservative
\_ Gov't is statist on both sides - who he pays receives. So do you
want bigger government (more of the same) or less? But the
first sentence 'A 2003 paper looked seriously at the 18...',
and the last 'Other writers have confirmed a performance
difference in favor of Democratic administrations,
though one that was too small to be statistically significant.'
suggest 1) the sample size is too small 2) the article / paper
are overreaching. |