Conservatives would like to see our nation experience economic growth while keeping inflation down. They would like to see smaller federal government and reign in federal spending. The economy should supply plenty of jobs. Mind you, we can't accomplish any of this by running up the federal deficit. George Bush's administration is not faring well by any of these measures. Conservatives tell us there are extenuating circumstances. However, looking at the track records of the seven presidential administrations that preceded the current one, it's puzzling why any conservative opted to vote for George Bush, a Republican, in the first place.
Figures are yearly averages for the duration of the administration:
GDP Growth
1. Kennedy (D) 5.6%
2. Johnson (D) 4.2%
3 (tie). Clinton (D) 3.5%
3 (tie). Reagan (R) 3.5%
Inflation
1. Kennedy (D) 1.3%
2. Clinton (D) 2.7%
3 (tie). GHW Bush (R) 3.9%
3 (tie). Johnson (D) 3.9%
Growth of Non-Defense Federal Government Employees
1. Clinton (D) -13,125
2. Carter (D) -3500
3. Reagan (R) 375
Federal Spending Growth
1. Clinton (D) 3.56%
2. Kennedy (D) 4.94%
3. GHW Bush (R) 5.40%
Unemployment
1. Johnson (D) 3.7%
2. Clinton (D) 4.9%
3. Kennedy (D) 5.2%
Growth in Federal Deficit (1996 dollars)
1. Clinton (D) -$1.78 billion
2. Kennedy (D) $24.3 billion
3. Johnson (D) $38.43 billion
RESULTS:
Democrats take the Gold and Silver medals in all six events, bring home two Bronze and tie for third twice. Republicans win two Bronze medals and tie for third twice.
Thanks to Rus Barnes (
http://www.apostropher.com/blog/ ) for pointing out the research compiled by Dwight Meredith (
http://www.pla.blogspot.com/ ).
Supporting data can be found at:
ftp://ftp.bls.gov/pub/special.requests/lf/aat1.txt
ftp://ftp.bls.gov/pub/special.requests/cpi/cpiai.txt
http://www.bea.gov/bea/dn/nipaweb/TableViewFixed.asp?SelectedTable=1&FirstYear=2001&LastYear=2002&Freq=Qtrhttp://w3.access.gpo.gov/usbudget/fy2003/pdf/hist.pdf