Cons take it as gospel truth, but the facts prove otherwise.
HERE'S WHAT I DID:
I got the real GDP stats from the Bureau of Economic Analyses. I took the percent increase over 4 year intervals. I then ranked them from best to worst. Out of (((18))) 4 year intervals, the supply siders Reagan and Bush Jr ranked 8th, 12th, and 16th.
1 FDR (40') 74.69%
2 FDR (32') 34.62%
3 LBJ (64') 21.81%
4 TRUMAN (48') 21.00%
5 JFK (60') 19.86%
6 FDR (36') 19.32%
7 CLINTON (96')17.87%
8 REAGAN (84') 15.98%
9 CARTER (76') 13.67%
10 CLINTON (92')13.53%
11 IKE (52') 13.45%
12 REAGAN (80') 12.63%
13 NIXON (68') 12.38%
14 IKE (56') 10.91%
15 FORD (72') 10.62%
16 BUSH JR (00')9.03%
17 BUSH SR (88')8.81%
18 TRUMAN (44') -9.04%
http://www.bea.gov/national/xls/gdplev.xls
EXAMPLE CALCULATION
1996, 8,328.90 inflation adjusted billions of dollars
2000, 9,817.00 inflation adjusted billions of dollars
PERCENT CHANGE = (9817.0/8328.9 - 1.0)*100.0 = 17.87%
2007-11-21
03:14:04
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3 answers
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Anonymous
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Politics & Government
➔ Politics