The Great Republican Challenge!

I have some interesting data to share with you. It is from presidentialdata.com and shows the comparisons on GOP and Democrat presidents. Everything from GDP growth to unemployment. I challenge a republican to explain why, in wake of these numbers, they can possibly say they are are better for the economy.

http://www.presidentialdata.org/presidential_comparisons.htm

I have a feeling that republicans will be very quiet at this point. As usual, they have talking points, not facts.

Aggregate data from 1960 and 1980 to present (5-05)

1) Deficit (On Budget)

1961-present

Total Democratic Budget Deficits: $1283.8 billion
Total Republican Budget Deficits: $5487.4 billion
Democratic Presidents’ deficits averaged 1.77% of GDP
Republican Presidents’ deficits averaged 3.42% of GDP

1981-present

Total Democratic Budget Deficits: $1004.4 billion
Total Republican Budget Deficits: $5280.1 billion
Democratic Presidents’ deficits averaged 2.06% of GDP
Republican Presidents’ deficits averaged 4.09% of GDP

1a) Deficit (total)

Since World War II

Total Democratic Budget Deficits: $625.1 billion
Total Republican Budget Deficits: $4040.7 billion
Democratic Presidents’ deficits averaged 1.2% of GDP
Republican Presidents’ deficits averaged 2% of GDP

1961-present

Total Democratic Budget Deficits: $608.2 billion
Total Republican Budget Deficits: $4013.2 billion
Democratic Presidents’ deficits averaged 1.21% of GDP
Republican Presidents’ deficits averaged 2.37% of GDP

1981-present

Total Democratic Budget Deficits: $320.3 billion
Total Republican Budget Deficits: $3819.3 billion
Democratic Presidents’ deficits averaged 0.76% of GDP
Republican Presidents’ deficits averaged 2.67% of GDP

2) GDP Growth

Since World War II

Average GDP growth per year under Democratic Presidents: 4.05%
Average GDP growth per year under Republican Presidents: 2.88%

1961-present

Average GDP growth per year under Democratic Presidents: 4.09%
Average GDP growth per year under Republican Presidents: 2.81%

1981-present

Average GDP growth per year under Democratic Presidents: 3.7%
Average GDP growth per year under Republican Presidents: 2.81%

3) Business Investment Growth

Since World War II

Average growth per year under Democratic Presidents: 7.08%
Average growth per year under Republican Presidents: 2.94%

1961-present

Average growth per year under Democratic Presidents: 7.2%
Average growth per year under Republican Presidents: 2.95%

1981-present

Average growth per year under Democratic Presidents: 9.85%
Average growth per year under Republican Presidents: 2.29%

4) Unemployment

Since World War II

Average unemployment per year during Democratic Presidents: 5.03%
Average unemployment per year during Republican Presidents: 5.93%

1961-present

Average unemployment per year during Democratic Presidents: 5.33%
Average unemployment per year during Republican Presidents: 6.24%

1981-present

Average unemployment per year during Democratic Presidents: 5.20%
Average unemployment per year during Republican Presidents: 6.41%

5) Growth in Jobs

Since World War II

Average yearly growth in jobs under Democratic Presidents: 2,082,000
Average yearly growth in jobs under Republican Presidents: 1,167,000
Average yearly percent growth in jobs under Democratic Presidents: 2.67%
Average yearly percent growth in jobs under Republican Presidents: 1.36%

1961-present

Average yearly growth in jobs under Democratic Presidents: 2,391,000
Average yearly growth in jobs under Republican Presidents: 1,307,000
Average yearly percent growth in jobs under Democratic Presidents: 2.69%
Average yearly percent growth in jobs under Republican Presidents: 1.39%

1981-present

Average yearly growth in jobs under Democratic Presidents: 2,884,000
Average yearly growth in jobs under Republican Presidents: 1,253,000
Average yearly percent growth in jobs under Democratic Presidents: 2.37%
Average yearly percent growth in jobs under Republican Presidents: 1.17%

6) Growth in Pay

Since World War II

Average yearly growth in weekly earnings under Democratic Presidents: 0.83%
Average yearly growth in weekly earnings under Republican Presidents: 0.408%

1961-present

Average yearly growth in weekly earnings under Democratic Presidents: 0.48%
Average yearly growth in weekly earnings under Republican Presidents: -0.30%

1981-present

Average yearly growth in weekly earnings under Democratic Presidents: 0.84%
Average yearly growth in weekly earnings under Republican Presidents: -0.34%