Tracking Economic Growth in One Chart

Blue Crab

the economy, stupid

Nate Silver over at FiveThirtyEight.com posted this earlier today, and I think I’ve never seen economic growth tracked as clearly in one chart as I have here. He nicked the data straight from the Census Bureau, there’s nothing statistically complex about it. But it pretty clearly sums up my own conclusions about why the Democratic Party is the real party of growth, at least in its post-1992 form. It’s really not that complex, though we seem to make it so: pursue reasonably pro-growth economic policies and tax the richest Americans at considerably higher rates, though not at the extreme rates of the 1950s and 1960s.

Meanwhile, the Republican Party continues to hump Reagan’s dead corpse and pretend He-Who-Must-Not-Be-Named wasn’t a “real” conservative. He carried forth Reagan’s agenda as clearly as anyone could hope to, at least domestically. Wake up, GOP. I miss when you actually had sane politicians.


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