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| "I honor you. I do!" |
The following shows the percentage gain or loss in the Case Shiller Home Price Index values December over December for the presidents since WWII, ranked best to worst.
The overall gain or loss is calculated from the December of the election year to the December of the year leaving office, which then is divided by either 4 years or 8 years to arrive at an annualized score. In the case of Obama performance is calculated over 3.5 years (through June 2012).
Factoring out the housing bubble which built under Clinton and collapsed under Bush/Obama would give best performance to Reagan and worst to Bush The Elder, but it is what it is. Slick Willie rides again!
Clinton +2.22 percent
Reagan +1.43 percent
Carter +1.28 percent
Truman + .92 percent
Bush The Younger + .87 percent
Eisenhower + .78 percent
Nixon/Ford + .05 percent
JFK/LBJ - .57 percent
Bush The Elder - 2.72 percent
Obama -3.69 percent
