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Telling statistics for Election 2012
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It's always helpful to look at the facts to understand a situation. So let's use the facts the U.S. Department of Labor gives us to compare the Republican and Democratic parties.
The Republican Party has held the presidency for 28 of the last 50 years, the Democrats for 22. In that half-century the total number of jobs created by Republicans was 24 million, compared to 42 million under Democrats. The stock market return under Republicans was 109 percent and under Democrats 992 percent or, annualized, under Republicans 2.7 percent and Democrats 11 percent.
Gross national product under Republican leadership grew 2.7 percent compared to 4.1 percent under Democrats, and income growth under Republicans was 0.6 percent vs. 2.2 percent under Democrats.
So, come this November will you vote for Barack Obama or Mitt Romney? I've made my decision, I hope this helps you make yours.
JAMES STEPHENSON
Oakland
First Published July 5, 2012 12:00 am
