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While it may have been true in the past, the idea that Republicans are better for the economy is now a lie, as evidenced by historical data. In the period from 1933 to 2020, the economy grew at an average rate of 4.6% under Democratic presidents, compared to only 2.4% under Republican presidents. Additionally, Republican presidents have been associated with exploding the national debt, whilst Democrats have presented the only balanced budgets of the past 60 years. There is also evidence that Republicans destroy small businesses, with the repeal of anti-trust laws leading to the domination of giant monopolistic national chains and the closure of local retailers. Education also supports business, with high standards for education aiding the creation of an educated workforce. However, Republican attacks on public education have led to dumbing down, with attacks on programs such as Common Core and Critical Race Theory. Furthermore, Republicans have consistently fought against unions, with the loss of union representation leading to a $50 trillion transfer of wealth from working-class Americans to the richest in society. Republicans also fight against regulations that save American lives and protect businesses, despite the fact that Republican President Dwight Eisenhower created the Small Business Administration to protect the interests of small businesses. Overall, the evidence suggests that Democrats are better for the economy, small businesses, education, unions, and regulations that protect American lives and businesses.
