For­mer Michi­gan Gov­er­nor Jen­nifer Granholm

Over at Politico, for­mer Michi­gan Gov­er­nor Jen­nifer Granholm argues in an OpEd that Demo­c­ra­tic Pres­i­dents have a bet­ter record of job cre­ation dur­ing the last 51 years (1961-​​present) than Repub­li­can Presidents.

Democ­rats have held the Oval Office for 23 of those 51 years.

She cites a BGOV Barom­e­ter study by Bloomberg, which shows (for exam­ple) that if one were to invest $1,000 in a hypo­thet­i­cal Stan­dard & Poor’s 500 index fund only when Demo­c­ra­tic Pres­i­dents were in power, start­ing in 1961, that would be worth $10,920 today. (more…)