Need I say more?
[url=http://www.dailykos.com/story/2012/09/02/1127055/-Which-party-is-best-for-the-economy-It-s-not-even-close]And here's a longread for those who want to see just how terrible Republican economic policies really are.[/url]
But we have to give them credit: at least they try.
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I am certainly no fan of Republican economic policies, but based on a simple understanding of statistics, this is not a good argument against them. If you aren't running a randomized experiment or case-control studies, cause and effect between explanatory (Republican president) variables and outcome (frequency of recessions) variables is bogus.