[Congressional Record (Bound Edition), Volume 162 (2016), Part 9]
[House]
[Page 13235]
[From the U.S. Government Publishing Office, www.gpo.gov]




        AMERICAN ECONOMY IS STRONGER UNDER DEMOCRATIC PRESIDENTS

  (Mrs. CAROLYN B. MALONEY of New York asked and was given permission 
to address the House for 1 minute.)
  Mrs. CAROLYN B. MALONEY of New York. Mr. Speaker, let's bury a myth, 
the persistent claim that Republicans are better at managing the 
economy than Democrats.
  Under President Obama, we have come a long way since the dark days of 
the Bush-era Great Recession. And whether you look at the past 7\1/2\ 
years under President Obama or the past 70 years since Truman, the 
Democratic record on the economy is very strong; the strong Democrat 
blue vs. red for the Republicans.
  A recent study by Princeton University economists Alan Blinder and 
Mark Watson underscores this point. It shows that, since World War II, 
the economy has performed better under Democratic Presidents over 
Republican Presidents.
  Blinder and Watson say it this way: ``The U.S. economy has performed 
better when the President of the United States is a Democrat rather 
than a Republican, almost regardless of how one measures performance.''
  But Republicans still make the questionable claim that they do better 
at managing the economy. Let's put an end to that myth. Let's move to a 
more evidence-based discussion and bury the myth that Republicans are 
better at managing the economy.
  The facts and the metrics speak for themselves; the strong blue 
Democratic record under Democratic Presidents managing the economy.

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