The US economy does better under Democratic presidents. More than half of the performance gap is due to "benign oil shocks, superior total factor productivity (TFP) performance, a more favorable international environment, and perhaps more optimistic consumer expectations about the near-term future"

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The US economy does better under Democratic presidents. More than half of the performance gap is due to "benign oil shocks, superior total factor productivity (TFP) performance, a more favorable international environment, and perhaps more optimistic consumer expectations about the near-term future"