Over at RGE Monitor, Chris Carroll wonders:
As each day’s newspaper brings word of a new Wall Street bailout more colossal than the last, one question seems to present itself with ever-increasing force: Why does the economy perform so badly under Republican Presidents?
He takes a shot at an answer:
Maybe capitalism works better when its excesses are restrained by skeptics than when true-believers are writing, interpreting, judging, and executing the rules of the game.
Read the whole thing. Find the data underlying his analysis here.