Economic performance is stronger when Democrats hold the White House

Stephan: 

I have been telling you for 30 years that Republican governance at any level is always inferior in terms of average individual and social wellbeing when compared with Democrat governance. The data on this is irrefutable. It is one of the tragedies of U.S. history that about a third of Americans either don’t understand this or are not intelligent enough to comprehend it. Here is the latest data to confirm what I am saying.

Key findings

  • Since 1949, there has been a Democratic advantage in the average performance of key macroeconomic indicators measuring economic health, including:
    • Gross Domestic Product (GDP) growth
    • Job growth
    • Unemployment rate
    • Growth in inflation-adjusted wages
    • Growth of market-based incomes per capita
    • Inflation
    • Interest rates
  • This Democratic advantage is across the board in all variables we measure but strongest in private-sector outcomes—notably, business investment, job growth, and the growth of market-based incomes. 
  • Household income growth (adjusted for inflation) was faster on average and far more equal during Democratic administrations, and the Democratic advantage shows up for every group.  

Why this matters

We suspect that the simple facts on economic performance during Democratic and Republican administrations aren’t well known. Providing accurate economic information at a time of rampant misinformation supports an informed citizenry. 

Full Report

The US 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…The superiority of economic performance under Democrats rather than Republicans is nearly ubiquitous: it holds almost regardless of how you define success. By many measures, the performance gap is startlingly large. (Blinder and Watson 2016)

This quote is not from an op-ed written by a political pundit; […]

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U.S.: Leader or Loser in the G7?

Stephan: 

The United States is a declining society, and is seen as such by the other developed democracies, as vouchsafed by hard data. Here is the latest from Gallup.

LONDON, U.K. — For the first time in almost two decades of polling, the United States now lags behind most of the other leading industrialized nations in the G7 across a range of Gallup indicators. The U.S. trails several G7 countries when it comes to its own people’s confidence in the national government and key institutions — including the military and the judiciary — as well as the ability of its people to meet their basic needs.

Americans No Longer Most Confident in Military

Since 2006, Americans’ confidence in the nation’s military has stood out among the G7. Even though it continues to spend more on its military than most nations on Earth combined, Americans’ confidence in their armed forces dipped to a new low of 81% in 2023, for the first time falling significantly below the ratings of another G7 member country (France).

These results mirror the decline in Americans’ confidence in the military observed in other Gallup polling in 2023. More recently, in February 2024, Americans were split in their views of funding the military and national defense. Similar proportions felt that […]

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World faces ‘deathly silence’ of nature as wildlife disappears, warn experts

Stephan: 

Today I did my podcast for Friday focused on how materialism is destroying the earth’s matrix of life. I covered a lot of material that few people, except those doing the actual research, know about or talk about. Here is yet another example of what I mean. We are creating a tragedy over which future generations will condemn us passionately.

Researchers listening to soundscapes in the soil to learn more about its biodiversity. Credit: Graeme Robertson/The Guardian

Sounds of the natural world are rapidly falling silent and will become “acoustic fossils” without urgent action to halt environmental destruction, international experts have warned.

As technology develops, sound has become an increasingly important way of measuring the health and biodiversity of ecosystems: our forests, soils and oceans all produce their own acoustic signatures. Scientists who use ecoacoustics to measure habitats and species say that quiet is falling across thousands of habitats, as the planet witnesses extraordinary losses in the density and variety of species. Disappearing or losing volume along with them are many familiar sounds: the morning calls of birds, rustle of mammals through undergrowth and summer hum of insects.

Today, tuning into some ecosystems reveals a “deathly silence”, said Prof Steve Simpson from the University of Bristol. “It is that race against time – we’ve only just discovered that they make such sounds, […]

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Most Student Loan Borrowers Have Delayed Major Life Events

Stephan: 

Because America has become a society that has only one social priority, profit, we have distorted all of our values. Here is but one of many examples. Because of this distortion college has become a profit source instead of something society wants everyone to have a chance at.  For those who are able to go debt is an issue shaping their lives. Seventy-one percent who do go to college, whether they finish or not end up with a debt that alters their lives. Here is the data, and it is very sad.

WASHINGTON, D.C. — Seventy-one percent of all currently enrolled college students or previously enrolled students who stopped out of their program before completing it say they have delayed at least one major life event because of their student loans.

The most commonly delayed event is purchasing a home, named by 29% of borrowers, followed closely by buying a car (28%), moving out of their parents’ home (22%) and starting their own business (20%). Fifteen percent of these borrowers also report they have delayed having children because of their student loans, and 13% have delayed marriage.

Among previously enrolled students, 35% say their student loans have kept them from reenrolling in a postsecondary program and finishing their degree, exceeding the percentage who have delayed buying a home, buying a car or other events.

The latest results are from the Lumina Foundation-Gallup 2024 State of Higher Education Study, conducted Oct. 9-Nov. 16, 2023, via a web survey with 14,032 current and prospective college students. This includes 6,015 students enrolled in a post-high school education program (certificate, associate or bachelor’s degree), 5,012 adults not currently enrolled […]

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Zelensky Issues Dire Warning as Putin Pushes Forward

Stephan: 

Because of the TCP/Republican Putin supporters in the House the United States is destroying its international reputation and putting itself at grave risk by blocking the support Ukraine needs. I am ashamed of what these cretins are doing to our country, and you should be too.

Ukraine's President Volodymyr Zelensky
Ukrainian President Volodymyr Zelensky in Vilnius, Lithuania, on April 11. He told “PBS NewsHour” that further U.S. aid was crucial to Ukraine. Credit: Petras Malukas / Getty

Russia destroyed a thermal power plant in Kyiv because Ukraine had run out of missiles to defend it, Ukrainian President Volodymyr Zelensky said as he warned that without further U.S. aid to fight Russian President Vladimir Putin‘s aggression, Ukraine would “have no chance of winning.”

Zelensky told PBS NewsHour that the destruction of the Trypilska thermal power plant on April 11—which cut out the generating capacity of Centrenergo, an energy company the capital depends on—was the result of the country having “zero missiles.”

“Eleven missiles were headed towards it. The first seven, we took down,” he said in the interview released on April 16. He added that the other four missiles destroyed the plant. “Why?” Zelensky continued. “We ran out of all missiles.”

His comments follow a move by House Speaker Mike Johnson to put Ukrainian aid before Congress this week following months of impasse amid opposition from some conservative lawmakers. The aid for Ukraine is one of four bills proposed. The others back support for […]

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