Hate to tell you lad but you as usual have the wrong party responsible for the depth of inequality. Typical right wing intoxication.Homeless and Poor Live Better Than The Middle Class
WELCOME TO THE DEM PARTY!
The book,“ Bulls Bears and the Ballot Box. By Bob Deitreick and Lew Goldfarb” inspired the following;
Ever wonder which party is the party to attend to.
Republicans are the worst stewardship in our nations 80 years history. Promoting Inequality through the Income Gap, as one example, of many.
A mathematical investigation was produced by the statisticians Pedro Santa Clara and Rossen Valkanov that exposes the superior performance of the stock markets under democrats. That this is but one example of the democrat’s superiority, as there are more.
Their study encompasses 80 years. Study demonstrates systematically and positively surprised by democratic policies. Comparing the stewardship of the two parties. They calculated each economic indicator as an “annual average” during the democrats and republicans of their economic stewardship of their 40 years each. Turns out to be a landslide for democrats providing beneficial returns to the nation. One example; Democrat’s presided over a very respectable average annual compound return of 9.60% during their 40 years where in as republicans averaged a dismal 0.58%.
Consider this; a 401K plan invested in stocks and had a value of $100,000 at the beginning of the 40 years. Democrats would accumulate in compound interest $ 3,912,210 where in as republicans would only produce $126,027 . Another example; “IF” an employee were to invest $5,000 per year into their 401K for 40 years in a democratic stewardship the employee would have $1,985,526 in the bank. Where as the republican would produce a dismal $224,375.
That republicans advocate that they are good for businesses is false as compared to the democrats
Another interesting fact emerges within the statistical study. The income gap between the 99% and the top 1% has widened considerably under republicans. Averaging .49% as compared to the democrat’s .41% That is to say under republicans the income gap in 40 years, widened by 19.6% and narrowed 16.4%. Resulting in a 36% difference.
LOL on debt republicans increased debt by 2.5 times greater than that of the democrats. Republicans $7.1 Trillion vs. the democrats $2.8 Trillion.
GOP’s Self-Proclamation for economic dominance; in fact it is a misnomer to call the GOP a fiscal responsible party and or a smaller government, when in fact the contrary is true.
Obama’s administration indicates he sought the great leaders on these issue. Eccles and FDR, Clinton and O’Neill to do what is most productive for our nation.
Now pass on this one small example of the fallacies of the republican’s erroneous policies and deceptions..