Republicans are NOT better for the economy/stock market
A key distinction- I want to make- is that Republican politicians are good at marketing Republicanism as good for the economy. However, that is totally different from Republicans actually being good for the economy. Only the data can tell us what’s true. To assume that Republicans are good for the economy is to not only fail to make a distinction, but it’s question-begging (another fallacy). I’m not saying ahead of time (i.e. before looking at the data)that Republicans could not be both good for the economy and good at marketing themselves as a good for the economy. Once again, we need to look at the data to see if they actually are good for the economy. If you were going to try and argue that you can logically demonstrate (like math, logic, etc.) that Republicans are better than the Democrats for the economy, you would still need to demonstrate that. You might object, from the left (or somewhere else), and say that Republicans aren’t good at marketing Republicans being good for the economy. I’m not here to argue against that because that’s not the demographic I’m trying to convince.
If you actually look at the data, not only does the stock market, job market, GDP, etc., do no worse under Democrats, one could actually argue that the data points to Democrats being better for the economy and stock market. I’m not going to argue that latter because I suspect many Republican voters can’t put aside their intuitions for one second. I think not giving the first claim the time of day is dangerous and illogical. And we only need to limit our claim to past Presidents of the United States.
While you might try and object and say that the stock market prices-in a Democratic Presidency before taking office, you can account for that. And this objection doesn’t explain away all the other data points like GDP and the job market.
By the way, replying to this post by saying something like, “Haha, it’s so obvious that Republicans are better for the economy. Come on! What you’re saying is absurd.” commits multiple fallacies. It begs the question, it makes a fallacious appeal to the stone, and it is an ad hominem attack. You might reply by saying that I’m attacking a strawman. Even if that’s true, it’s still not giving an argument or objection to what I am saying. Secondly, it’s not a strawman. I constantly hear retorts like this when I bring up the economy and Republican politicians/Republicanism.
