Conventional wisdom dictates that Democrats are considered (by most Americans) to be better with the economy than Republicans. But have you ever wondered why that is? Conventional Wisdom also states that Democrats typically favor "growing the size of the government". But is that actually true?
The answers may or may not surprise you. CW is proven 100% correct when it comes to the economy - History shows that the U.S. economy (by all measurable standards) does better under Democratic management than Republican.
Although, when it comes to the size of the federal government or increased spending, who is actually better or worse? In this regard, CW is proven wrong by history. According to the Bureau of Labor Statistics & the Bureau of Economic Analysis - historically, it is Democrats NOT Republicans which cut spending and decrease the size of the federal government (looking back at the last 50-100 years worth of data).
See for yourself:
DATA TABLE.
Acronyms: BLS = U.S. Bureau of Labor Statistics; BEA = U.S. Bureau of Economic Analysis
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