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Best Economic Presidents


vcczar

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I've mentioned this in the old forum, but I thought I'd mention it here as well. I get the info from here: https://5minuteeconomist.com/which-presidents-were-best-and-worst-for-the-us-economy.html

It uses the Economic Performance Index which looks at unemployment, inflation, GDP change, and budge deficit. It aims at no media bias and no political spin. 

Here are their results from best to worst economic president:

  1. FDR -- clearly the top 
  2. A Johnson -- distantly behind FDR but way ahead of Taft
  3. Taft -- distant 3rd place as FDR and A Johnson are the clear leaders. 
  4. Tyler (also includes WH Harrison's month)
  5. Truman 
  6. Reagan
  7. Harding
  8. Hayes
  9. Fillmore
  10. Obama
  11. McKinley
  12. Ford
  13. Cinton
  14. J Adams
  15. Monroe
  16. B Harrison
  17. Grant
  18. Madison
  19. Coolidge
  20. JFK
  21. Buchanan
  22. Jackson
  23. JQ Adams
  24. GHW Bush
  25. Eisenhower
  26. Cleveland (1st term)
  27. LBJ
  28. Taylor
  29. Pierce
  30. Polk
  31. Cleveland (2nd term)
  32. Van Buren
  33. GW Bush
  34. Nixon
  35. Carter
  36. Arthur (included Garfield's 6 months)
  37. Jefferson
  38. Wilson
  39. T Roosevelt
  40. Lincoln
  41. Hoover

Washington is not included since he hadn't a president before him in which to compare. However, the economy was still struggling with Rev War debts and struggling with production. Hamilton's policies took a few years to have any effect. I'd wager Washington would be somewhere below John Adams on this list. Trump is also not on this list. Considering the Covid Recession, he'd probably be somewhere ahead GW Bush but below JFK. Biden would probably be placed decently, for now, inflation will hurt his score if it isn't reigned in soon.

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9 hours ago, vcczar said:

I've mentioned this in the old forum, but I thought I'd mention it here as well. I get the info from here: https://5minuteeconomist.com/which-presidents-were-best-and-worst-for-the-us-economy.html

It uses the Economic Performance Index which looks at unemployment, inflation, GDP change, and budge deficit. It aims at no media bias and no political spin. 

Here are their results from best to worst economic president:

  1. FDR -- clearly the top 
  2. A Johnson -- distantly behind FDR but way ahead of Taft
  3. Taft -- distant 3rd place as FDR and A Johnson are the clear leaders. 
  4. Tyler (also includes WH Harrison's month)
  5. Truman 
  6. Reagan
  7. Harding
  8. Hayes
  9. Fillmore
  10. Obama
  11. McKinley
  12. Ford
  13. Cinton
  14. J Adams
  15. Monroe
  16. B Harrison
  17. Grant
  18. Madison
  19. Coolidge
  20. JFK
  21. Buchanan
  22. Jackson
  23. JQ Adams
  24. GHW Bush
  25. Eisenhower
  26. Cleveland (1st term)
  27. LBJ
  28. Taylor
  29. Pierce
  30. Polk
  31. Cleveland (2nd term)
  32. Van Buren
  33. GW Bush
  34. Nixon
  35. Carter
  36. Arthur (included Garfield's 6 months)
  37. Jefferson
  38. Wilson
  39. T Roosevelt
  40. Lincoln
  41. Hoover

Washington is not included since he hadn't a president before him in which to compare. However, the economy was still struggling with Rev War debts and struggling with production. Hamilton's policies took a few years to have any effect. I'd wager Washington would be somewhere below John Adams on this list. Trump is also not on this list. Considering the Covid Recession, he'd probably be somewhere ahead GW Bush but below JFK. Biden would probably be placed decently, for now, inflation will hurt his score if it isn't reigned in soon.

Finally something that Andrew Johnson is good at.

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5 hours ago, Timur said:

Finally something that Andrew Johnson is good at.

I think in his case I’m not sure if he had much influence. He was arguably the least powerful president, considering Congress was overwhelmingly opposed to him and an overwhelming majority. His cabinet was often against him too. He presided over the economy but I’m not sure if he played any role on it one way or the other. A lot of his economy probably had to do with all the economic measures Lincoln put into place. The end of the war also saw the workforce return home. 

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