By Beth Healy (Boston Globe) Over the past six decades, Republican administrations have produced median economic growth of 2.6 percent. Democratic administrations, meanwhile, have produced a median growth rate of 4.2 percent.
And for all of Wall Street’s angst about Obama, the market has done quite well during his administration. Since his inauguration, stocks have returned about 12.3 percent annually, in line with market performance under Democratic administrations going back to 1913, according to S&P Capital IQ, a New York Research firm that compiled the data. During Republican administrations, stocks have risen a median 5.1 percent annually.
Of course, Obama is partly benefitting from a good comparison: In the months before his election, the stock market endured one of its greatest slides ever, as the financial crisis exploded. Even now, stock prices are not back to the peak before his election.
One study says stocks do best if an incumbent president has won.
“The market actually does better under Democrats than Republicans, not just the S&P 500, but earnings and the economy,’’ said Sam Stovall, chief equity strategist at S&P Capital IQ.
via Economic data show more growth under Democrats – Business – The Boston Globe.