From: Gregory Brown Sent: Sunday, Januarylill To: undisclosed-recipients: Subject: Greg Brown's Weekend Reading and Other Things.. 1/17/2016 DEAR FRIEND Which Political Party Has the Best Record on the Economy4=pan> =img src="cid:ii_152229896c4dd838" alt="Inline image 2" width="472" h=ight="339"> The=graph above is the work of Economist Steven Stoft of40=A0zFacts.com. It shows the average annual rate of private sec=or job creation during each spell that a party held the presidency. =r. Stoft created this data by analyzing 72 years' worth of jobs da=a from the Bureau of Labor Statistics. 72 years was sele=ted as the time frame because each party has controlled the presidency for=36 of those 72 years. During those 36 years each, 58 million jobs ha=e been created under Democratic presidents, but only 26 million jobs under=Republican Presidents. That means that for all of modern American hi=tory, jobs have been created more than twice as fast when we have elected =emocrats to the highest office. Another way to look at the same data is to consider job growth i= terms of the percentage change in the number of jobs held during the peri=d that each party controls the executive branch: As on the first graph, the Democrats are cons=stently outperforming the Republicans. Republi=ans like to tell you that they are the true stewards of the economy, excep= that a study from two respected academic economists concluded that, since=the late 1940s, the economy has consistently performed better under 0emocr=tic presidents than under Republican ones. =C2*And the gap is huge and the arithmetic on partisa= differences is actually stunning. <=pan style="font-family:Georgia,serif;font-size:12pt;line- height:17.12000=8392334px">From 1949 to 2013 — a period when the White House was r=ughly split between parties — the economy grew at an average annua= rate of 3.33 percent, but growth under Democratic presidents averaged 4.3= percent and under Republicans, 2.54 percent