Economic Expansions

Three Longest Economic Expansions Since World War II Took Place Under Democratic Presidents

Ronald 7 Comments

When one realizes that all economic recessions since 1953, except one brief one in 1980 under Jimmy Carter, occurred under Republican Presidents, it makes it an important issue for the upcoming Presidential Election of 2020.

It turns out that the three longest economic expansions since World War II took place under Democratic Presidents as follows:

128 months–from June 2009 to February 2020—occurring under Barack Obama, and President Donald Trump benefiting from it for three years as a carryover.

120 months–from March 1991 to March 2001–ironically not helping Republican President George H. W. Bush, and with Bill Clinton presiding over every month of his Presidency seeing economic expansion.

106 months–February 1961 to December 1969–under John F. Kennedy after first month all the way through Lyndon B . Johnson, and carrying over for 11 months for Republican President Richard Nixon.

So four of the last five Democratic Presidents had superb records of economic expansion, with Bill Clinton and Lyndon B. Johnson having such conditions throughout their Presidencies, and John F. Kennedy all but the first month, and Barack Obama all but five months.

But even under Jimmy Carter, expansion went on from his inauguration in January 1977 until January 1980, as part of economic growth that began under Republican President Gerald Ford in March 1975. Had the economy not gone downhill in 1980, it is likely that Carter might have defeated Ronald Reagan!

Quite a record for Democrats to brag about on the campaign trail!

Three Longest Economic Expansions Since World War II Under Democratic Presidents Bill Clinton, Barack Obama, John F. Kennedy, Lyndon B. Johnson

Ronald Leave a comment

A fact often not acknowledged is that the three longest economic expansions in American history took place under Democratic Presidents.

The longest was under President Bill Clinton, with the expansion beginning under Republican George H. W. Bush in March 1991, but the expansion lasting until March 2001, a total of 120 months or 10 years, so the vast majority under Clinton.

The second longest is from 2009 to the present, nearly nine years recovery from the Great Recession, begun in late 2009 under Barack Obama, and continuing under Donald Trump.

Obama came into the worst economic situation since Franklin D. Roosevelt, succeeding Herbert Hoover at the worst moments of the Great Depression in 1933.

Donald Trump loves to brag how great the economy has been under him, without giving credit to his predecessor for the nearly seven and a half years of economic expansion that preceded Trump taking the oath, arguably the best inheritance ever in American history.

The third longest expansion was from 1961 to 1969, 106 months, which has just been surpassed now in 2018. It began under John F. Kennedy in February 1961, continued all the way through the term of Lyndon B. Johnson, and ended in December 1969 under Republican Richard Nixon.

Add the fact that nine of the last ten economic recessions occurred under Republican Presidents Dwight D. Eisenhower, Richard Nixon, Gerald Ford, George H. W. Bush, and George W. Bush, and it is clear the nation has benefited much greater economically from Democratic administrations than from Republican administrations.