Sunday, August 31, 2008

Mike Kimel and Alan Blinder Agree

Just last week I wrote about a book, "Presidential Performance", being written by Mike Kimel. Kimel's data seemed to show that the average Joe is better off under Democrats, at least since WWII. Blinder takes similar data from a book, "Unequal Democracy" by Larry Bartels. The results are the same. Measure GNP under Democrats and you get an annual increase of 2.78%, under Republicans 1.64%. Measure growth in income for poor people under Democrats and the number is 2.64%, as shown in the table below. Under Republicans it's .43%.

What do you think the numbers will be under Obama or McCain?

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