> why was it successful this time and not every time?
Isn't there a pervasive belief that Republican administrations are better for the economy than Democratic administrations, despite the economy performing better under Democratic administrations for the vast majority of postwar history?
Only one reason? Is it because the winner was the side that would have tried to overthrow the election if they had lost? The market probably doesn’t like the prospect of constitutional crisis.
Isn't there a pervasive belief that Republican administrations are better for the economy than Democratic administrations, despite the economy performing better under Democratic administrations for the vast majority of postwar history?