7 Wishes wrote:Republican Presidents have presided over 8 of the 9 economic recessions in the past 50 years...and the last catastrophic economic event prior to that was the Great Depression, which was also caused by Republicans. In only 2 of those 8 recessions were Democrats in charge of the House and/or Congress. So...you do the math.
OK...Here's the math...(I don't find 9 recessions in 50 years but here goes)...Presidents listed are those in office as of the beginning of the recession/depression.
1907 to 1908 = Republican President (Theodore Roosevelt), Republican-controlled Congress
1918 to 1921 = Democratic President (Woodrow Wilson), Democratic-controlled Congress
1929 to 1939 = Republican President (Herbert Hoover), Republican-controlled Congress
1953 to 1954 = Republican President (Dwight D. Eisenhower), Republican-controlled Senate, Democrat-controlled House
1957 to 1958 = Republican President (Dwight D. Eisenhower), Democratic-controlled Congress
1973 to 1975 = Republican President (Richard Nixon), Democratic-controlled Congress
1980 to 1982 = Democratic President (Jimmy Carter), Democratic-controlled Congress
1990 to 1991 = Republican President (George H.W. Bush), Democratic-controlled Congress
2001 to 2003 = Republican President (George W. Bush), Republican-controlled Congress
So, in 9 recessions, that's...
2 Democratic Presidents and 7 Republicans.
5 Democratic-controlled Congresses, 3 Republican-controlled Congresses, and one split
If you do go over the last 50 years only, that's 4-1 Republican to Democrat Presidents and 4-1 Democrat to Republican control of Congress.
http://en.wikipedia.org/wiki/List_of_recessions
http://uspolitics.about.com/od/usgovern ... sion_2.htm
http://en.wikipedia.org/wiki/List_of_Pr ... ted_States
http://en.wikipedia.org/wiki/United_Sta ... f_congress