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Dear Friends, 

With President Biden now having offered a big and bold economic agenda, NDN is stepping up our work to help create context for this debate with a review of how the economy has performed when the two American political parties have been in the White House.  Most Fridays we now host our newly updated presentation called “With Democrats Things Get Better,” which we think is essential viewing for any one entering into this vital debate about our economic future the President has kicked off.   

You can register for this Friday’s showing of With Dems here.  It begins at 2pm ET and all are welcome.  

With Democrats is a 25 minute deep dive into government data about the performance of the American economy and society more broadly in the years since the Cold War ended and a new global economy emerged.  What it shows is that when Democrats have been in the White House, the economy grew, jobs were created, incomes rose, wealth soared and deficits shrunk.  With Republicans in the White House the US experienced 3 consecutive recessions, rising deficits, declining incomes and modest wealth gains.  The contrast is best captured in our new 34 million to 2 million analysis.  In 16 years of Clinton Obama 34 million jobs were created.  In 16 years of Bush-Bush-Trump 2 million jobs were created.  34 million to 2 million.  No set of numbers better capture how America has fared when governed by each party over the past generation, and it is important that policy makers and the public have this information as the debate about our economic future intensifies. 

Reviewing With Democrats for the Daily Beast, Mike Tomasky wrote: “Simon Rosenberg heads NDN, a liberal think tank and advocacy organization. He has spent years advising Democrats, presidents included, on how to talk about economic matters. Not long ago, he put together a little PowerPoint deck. It is fascinating. You need to know about it. The entire country needs to know about it. 

The presentation compares how the economy has performed by various measures under Democratic and Republican administrations, going back to 1989. That means that it fairly compares 16 years of Democratic presidencies (Clinton and Obama) to 16 (almost) years of Republican presidencies (Bush, Bush, and Trump). It uses official government numbers, from the Bureau of Labor Statistics and so forth. There’s no cooking of any numbers. It’s just the facts.

And the facts are that it’s not even close. The economy does better—far better—when we have Democratic presidents. In terms of job creation, median income, health care, and yep, even the stock market, the economy does better—the American people do better—under Democratic presidents. By a mile.

“We’ve been making a version of this ‘Dems good, Reps not-so-much’ argument for a few years now, but decided to really lean into this year because the magnitude of Trump’s failures have just made the contrast that much more stark, and even more essential for Democrats to establish,” Rosenberg told me. Amen to that.”

Amen to that!!!!!!!! We agree.  So try to catch one of our showings of With Dems  and help celebrate and support the bold vision of President Biden.  And invite friends – the more the merrier….

- Simon, Georgia and the rest of the NDN team

 

 

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