The reason has to do with timing, economic cycles, and voters’ tolerance for risk.
Market performance under Republican presidents may be in part due to timing.
Under certain circumstances, hiking taxes might actually exacerbate inequality.
The distance between America’s rich and the poor has grown in recent years—but hiking taxes might actually exacerbate inequality.
Uncertainty is confounding by its very definition. In the economy, uncertainty can arise from a number of different corners, including wars, natural disasters, and, of course, government decisions—or indecision.