Republicans are bad with money part 1

So the title of this post probably doesn't surprise most people but every time I look at any numbers I just have to laugh. Let's look at some numbers:

First let's look at unemployment from 1950 to the present

Ok, in case you hadn't figured it out the red areas are during a Republican presidency. Notice that unemployment always goes down during democratic presidencies (except for Carter who came out even) and that the republicans always raise unemployment (except for Ronald Reagan who actually decreased it substantially). Here are some numbers broken down and sorted by unemployment percentage decrease.

President Party Beginning End Change
Clinton Dem 7.30% 4.20% -42.47%
LBJ Dem 5.70% 3.40% -40.35%
Reagan Rep 7.50% 5.40% -28.00%
Truman Dem 3.40% 2.90% -14.71%
JFK Dem 6.60% 5.70% -13.64%
Carter Dem 7.50% 7.50% 0.00%
Bush 2 Rep 4.20% 5.50% 30.95%
Bush 1 Rep 5.50% 7.30% 32.73%
Ford Rep 5.50% 7.50% 36.36%
Nixon Rep 3.40% 5.50% 61.76%
Eisenhower Rep 2.90% 6.60% 127.59%

So basically the Democrats won't do any harm and will usually create jobs and, more often than not, Republicans are going to do much more harm than good. Coincidence? Hmmm, I would tend to say no but I acknowledge I'm probably bias.

Not enough for you? How about the US budget/deficit by presidency since JFK?

Let's rank these to make them a little more visual

President Party Increase/Decrease of Deficit in Billions

Clinton Dem $526 Nixon Rep $19 Carter Dem $0 JFK Dem -$7 LBJ Dem -$18 Ford Rep -$68 Reagan Rep -$81 Bush 1 Rep -$135 Bush 2 Rep -$632

So Nixon does ok but again, you're much better off with a democrat than a republican. For those who aren't convinced I'll return with some GDP stats tomorrow.

But yeah, lesson for today Republican+government+money=bad