PERRspectives: Which Party is Best for the Economy? It's Not Even Close
"As the historical record shows, from economic growth and job creation to stock market performance and just about every other indicator of the health of American capitalism, the modern U.S. economy has almost always done better under Democratic presidents. Despite GOP mythology to the contrary, America generally gained more jobs and grew faster when taxes were higher (even much higher) and income inequality lower. While the U.S. recovery from the crippling Bush recession has been painfully slow, most economists - including the nonpartisan CBO and some of John McCain's own 2008 advisers - believe President Obama saved the American free-enterprise system from the abyss. And many economists are increasingly worried that businessman-turned-President Romney would lead the United States back into recession."
