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DLeonhardt's profile
David Leonhardt
David Leonhardt
David Leonhardt
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@DLeonhardt

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David LeonhardtVerified account

@DLeonhardt

Senior writer, New York Times. You can sign up for The Morning, the daily newsletter I write, here: https://www.nytimes.com/newsletters/morning-briefing …

Washington, DC
nytimes.com/leonhardt
Joined July 2010

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    David Leonhardt‏Verified account @DLeonhardt Feb 2

    A thread: The economy has performed much better under Democratic presidents than Republicans over the past century. https://www.nytimes.com/2021/02/02/opinion/sunday/democrats-economy.html … (1/n)

    8:08 AM - 2 Feb 2021
    • 224 Retweets
    • 370 Likes
    • Bayou Beat News Rafael Lopez Juliet AddisonSackey Jeremy Goldstein Kevin Kirkpatrick Michael Potter DJBeatroot Vikki Marshall KBK📎
    37 replies 224 retweets 370 likes
      1. New conversation
      2. David Leonhardt‏Verified account @DLeonhardt Feb 2

        It’s true of GDP, jobs, incomes and other measures. It’s true if you start a president’s clock immediately or assume a lag between president and impact. (2/n)pic.twitter.com/YK0JDaIGEj

        2 replies 14 retweets 81 likes
        Show this thread
      3. David Leonhardt‏Verified account @DLeonhardt Feb 2

        The six modern presidents to have presided over the strongest job growth are all Democrats. The four presidents to have presided over the weakest job growth are all Republicans. (3/n)pic.twitter.com/vEoAtmadh9

        2 replies 48 retweets 118 likes
        Show this thread
      4. David Leonhardt‏Verified account @DLeonhardt Feb 2

        You see a similar picture with GDP: (4/n)pic.twitter.com/uMRqR8hDSR

        2 replies 17 retweets 66 likes
        Show this thread
      5. David Leonhardt‏Verified account @DLeonhardt Feb 2

        Why does the economy fare better under Democratic presidents? Coincidence surely plays a role. But it seems to require a big stretch of logic to argue that it’s all just a big, 90-year coincidence. (And it's not about deficits.) So what are the plausible explanations? (5/n)

        12 replies 25 retweets 83 likes
        Show this thread
      6. David Leonhardt‏Verified account @DLeonhardt Feb 2

        Republican presidents have been slow to respond to recessions and other crises -- Trump and both Bushes being examples. Hoover was too, and the partisan gap would be even bigger if the data went back far enough to include him. (6/n)

        3 replies 16 retweets 73 likes
        Show this thread
      7. David Leonhardt‏Verified account @DLeonhardt Feb 2

        Recent Democratic presidents have been more pragmatic, willing to listen to the evidence about when the economy would benefit from deficit reduction and when it needs government support for education, infrastructure, scientific research and more. (7/n)

        3 replies 11 retweets 68 likes
        Show this thread
      8. David Leonhardt‏Verified account @DLeonhardt Feb 2

        And Republican presidents over the past 40 years have pursued one economic policy above all other — tax cuts, skewed heavily toward the affluent. But there is little evidence that they do much for economic growth. (8/n)

        5 replies 30 retweets 115 likes
        Show this thread
      9. David Leonhardt‏Verified account @DLeonhardt Feb 2

        More on the partisan gap in economic performance here: https://www.nytimes.com/2021/02/02/opinion/sunday/democrats-economy.html … (fin)

        22 replies 33 retweets 97 likes
        Show this thread
      10. End of conversation
      1. Richard, Dem Apparatchik‏ @5coolthingsblog Feb 2
        Replying to @DLeonhardt

        @BruceBartlett has been saying this for years.

        0 replies 0 retweets 0 likes
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      1. John Eckstein  🧘🏻‍♀️‏ @jfeckstein Feb 2
        Replying to @DLeonhardt

        Carter == Reagan

        0 replies 0 retweets 0 likes
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