Thursday, November 17, 2016

Elections Cause Recessions

http://www.zerohedge.com/news/2016-11-17/raoul-pal-warns-trump-will-see-recession-2017

Starting in 1960, there is a recession every time the parties change power.
Eisenhower(R) ==> Kennedy(D).  Recession of 1960-61.
Johnson(D) ==> Nixon (R).  Recession of 1969-1970.
Ford(R)  ==> Carter(D).  Recession of 1973-1975.  (It's not really fair to blame Carter for this).
Carter(D) ==> Reagan (R).  Recessions of 1980 and 1981-1982.
Bush(R) ==> Clinton(D).  Recession of 1990-1991.  (It's not really fair to blame Clinton for this).
Clinton (D) ==> Bush (R).  Recession of 2001.
Bush (R) ==> Obama (D).  Recession of 2007-2009.
Obama (D) ==> Trump(R).  Recession of 2017-2018?

Since 1960, every single recession has occurred within a year of an election in which the parties switch power.  An no recession has occurred at any other time.  The list actually goes back all the way to 1910, I just haven't analyzed it further back. (What about the recession of 1957-58?)

There will be a recession next year, guaranteed.


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