[Pages H1507-H1508]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




              DEMOCRATS OUTPERFORM REPUBLICANS ON ECONOMY

  (Mrs. CAROLYN B. MALONEY of New York asked and was given permission 
to address the House for 1 minute.)
  Mrs. CAROLYN B. MALONEY of New York. Mr. Speaker, Republicans often 
claim that they can manage the economy better than Democrats, but the 
facts show something very different entirely.
  Research by economists Alan Blinder and Mark Watson finds that, by 
virtually every measure of economic growth and economic health, 
including GDP growth and job creation, the economy has performed better 
under Democratic Presidents than Republican Presidents.
  Alan Blinder and Professor Watson put it simply: ``The U.S. economy 
performs much better when a Democrat is President than when a 
Republican is.''

[[Page H1508]]

  The Democratic staff on the Joint Economic Committee updated and 
expanded on their analysis and found that, on average, since World War 
II: real GDP has grown about 1.6 times faster under Democrats than 
Republicans, and private sector job growth has grown nearly 2.5 times 
faster under Democrats.
  This chart tells a story. The Democratic line is blue, and the red is 
Republican. It shows clearly that job growth was higher and better 
under Democratic Presidents.

                          ____________________