Wednesday, July 31, 2013

George W. Bush Falls To Last For GDP Performance Using 14th Comprehensive Revisions

"I redefined the Republican Party"
The revised GDP figures going back decades came out today, and may be conveniently viewed here. Using these figures based on time frames which span January on January of presidential term, calculating percentage increase in GDP overall and dividing by the number of months in term to arrive at a factor, the rankings are as follows:

1) .533 JFK/LBJ [best performance]
2) .458 Truman (72 months, 1-1-1947 to 1-1-1953)
3) .357 Clinton
4) .323 Reagan
5) .300 Carter
6) .245 Nixon/Ford
7) .214 IKE
8) .180 Obama (51 months, 1-1-2009 to 4-1-2013) 
9) .173 George H. W. Bush
10) .142 George W. Bush [worst performance].

Don't forget that government spending is counted as GDP.