(Since it is the political season)

Princeton political scientist Larry Bartels' soon-to-be-released new book, analyzes the difference that the President's party affiliation makes to the distribution of income during the four years of the president's term.

When a Republican president is in power, people at the top of the income distribution experience much larger real income gains than those at the bottom... when a Democrat is in power: those who benefit the most are the lower income groups....Strikingly, compared to Republicans, Democratic presidents generate higher income gains for all income groups.

So writes Harvard economics professor Dani Rodrik

Previous entry: Credit crisis for kindergarteners
Next entry: Waste in the US

Back to Martin's View main page