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Blinder and Watson estimated that the economy was in recession for 49 quarters from 1949–2013; 8 of these quarters were under Democrats, with 41 under Republicans. [1] The 2020 recession brings that to 50 quarters total in recession, 42 under Republicans (84%) and 8 under Democrats (16%). [27]
Democrats see inflation rising to 3.2% in the next year while Independents see inflation hitting 2.9%. Republicans are much more optimistic, believing inflation will fall to 1.3% over the next year.
For comparison's sake, prices rose just under 7.8% during the four years of Donald Trump's presidency. Economists often note that the differences between inflation in the two eras are due to a ...
For Republicans: A continued focus on inflation Republicans' reaction to Friday's report indicated their focus is expected to stay squarely on inflation, specifically that prices are up nearly 20% ...
Inflation is partly influenced by the global supply chain crisis, shifting consumer behavior and an influx of pandemic relief spending approved by Trump and Biden. Republicans target Biden ...
The most important national cause of inflation is when government reduces taxes on corporations, inheritances, and the wealthy. Opinion: Will inflation hurt Democrats or Republicans? Skip to main ...
While Democrats struggle to pass President Joe Biden's social and climate change agenda, Republicans have been pelting them with the repeated accusation that his policy initiatives are driving up ...
As a Democratic president in the 1970s, Carter had to deal with surging inflation, as Biden does now. ... Republicans, of course, hope there’s one more similarity between Jimmy Carter and Joe ...