US presidential election 2016: Are Democrats or Republicans better for the economy?

US presidential election 2016: Are Democrats or Republicans better for the economy?

GRI Debate: Which party offers the best economic vision for America?

As the US presidential campaign to elect a successor to President Obama kicks into high gear, pundits hotly debate the agendas of each candidate and party. In this debate series, GRI asked two of its top analysts which party has the best policies for US economic growth.


The Democratic Case

Lawrence Katzenstein presents why the Democrats offer the best policies for addressing voter concerns about the distribution of wealth, employment opportunities, and economic growth.

“Government regulations can help prevent bad acts and government intervention can help save an economy when company actions undermine fundamentals. The economy does better under the Democrats because they regulate, intervene and provide social welfare to help guarantee demand, stability and growth. Unlike Republicans, they don’t believe all businessmen are nice.”

Read the full article here.

The Republican Case

Jeff Moore presents why the Republicans’ vision of free markets, reduced regulation, and lowered taxes are best for the United States.

“However noble the intentions, overregulation actually hurts economic activity.  This is especially true for small businesses — those the Democrats purportedly aim to help. In order to create an environment where businesses and jobs are easily created and give them the best chance to contribute to economic growth, reductions in regulation are needed. Higher levels of economic freedom dramatically increase prosperity, economic growth, and quality of life.”

Read the full article here.

The GRI Debate Series provides critical insight into the world’s most challenging political risk topics. Through well-balanced opinion based articles, GRI Debate Series offers a forum for deeper discussion into how major political decisions and security challenges affect markets, investment, and economic growth across the globe.

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