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So the takeaway is: Hard economic times are good for those with money & power, and not good for their opposition". No argument with history here.

On the other hand, the timing of this particular recession will likely have significant political / election impact. If you're anywhere from the middle to the left, this will no be the recession for you.

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> If you're anywhere from the middle to the left, this will no be the recession for you.

what do you mean?

I mean that in November the GOP will do well. As it's been said, "It's the economy, stupid." And the timing and extent of this economic cycle will greatly favor The Reds.

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