alt Hacker NewsIf that were true then why would there be such a glaringly clear example that presidential party influences economic performance?
If that were true then why would there be such a glaringly clear example that presidential party influences economic performance?
Mostly coincidence. There aren't that many data points. There are under a dozen Presidents in the last half century. Too small to attribute significance.
I do believe that there could be a small causative effect, but there is usually a very long delay between cause and effect.