The economy under presidents of different political affiliation

As reported by presidentialdata.org

Almost twice as many jobs are created per year under Democratic Presidents than Republican Presidents (1.9 million jobs under Democratic Presidents versus 1 million jobs under Republican Presidents.)

The deficit under Republican Presidents has been more than twice as large as the under Democratic Presidents. In dollars, Republican Presidents have contributed nearly $4 trillion more to the national debt than Democratic Presidents.


 * GDP growth has been 44% higher under Democratic Presidents.
 * Business Investment Growth has been 165% higher under Democratic Presidents.
 * Unemployment has been 18% higher under Republican Presidents.
 * Average increase in weekly earnings have been 72% higher under Democratic Presidents
 * Nine of the last ten recessions have occurred under Republican Presidents

JOB GROWTH
Democratic Presidents have helped create 24.4 million more jobs than Republican Presidents, and on year-to-year basis jobs have grown nearly twice as fast under Democratic Presidents as under Republican Presidents.

·                   Total jobs created under Democratic Presidents: 62,688,000

·                   Total jobs created under Republican Presidents: 38,256,000

·                   Average yearly growth in jobs under Democratic Presidents:  1,899,000

·                   Average yearly growth in jobs under Republican Presidents:  1,063,000 Job growth under Obama's last three years was greater than Trump's first three years.

GDP GROWTH
Real Gross Domestic Product growth under Democratic Presidents has been 44% higher than during Republican Presidents.

·                   Average real GDP growth per year under Democratic Presidents: 3.75%

·                   Average real GDP growth per year under Republican Presidents: 2.6%

BUSINESS INVESTMENT GROWTH
Real business investment growth under Democratic Presidents has been 193% higher than under Republican Presidents.

·                     Average growth per year under Democratic Presidents:    7.24%

·                     Average growth per year under Republican Presidents:    2.47%

FEDERAL BUDGET DEFICITS
Federal budget deficits under Republican Presidents collectively are 24% higher than under Democratic Presidents (as a percentage of GDP, Republican Presidents have been 63% higher than Democratic Presidents).

·                   Total Democratic Budget Deficits: $6273.2 billion

·                   Total Republican Budget Deficits: $7807.2 billion

·                   Democratic Presidents’ annual deficits averaged 2.37% of GDP

·                   Republican Presidents’ annual deficits averaged 3.88% of GDP

UNEMPLOYMENT
Unemployment under Republican Presidents has been 18% higher than under Democratic Presidents.

·               Average unemployment per year during Democratic Presidents: 5.27%

·                   Average unemployment per year during Republican Presidents: 6.24%



GROWTH IN SPENDING
Federal Spending has increased nearly three times as fast under Republican Presidents than under Democratic Presidents

·                   Democratic Presidents’ annual spending increased by an average of $25.3 billion per year

·                   Republican Presidents’ annual spending increased by an average of $70 billion per year



BALANCE OF TRADE
Trade deficits under Republican Presidents have been 39% higher than under Democratic Presidents.

-           Total trade deficit under Democratic Administrations (in millions): $4,198,231

-           Total trade deficit under Republican Administrations (in millions): $5,844,269



STOCK MARKET
The Stock Market under Democratic Presidents has grown 200% faster under Democratic Presidents than under Republican Presidents.

-           Average yearly growth in Stock Market returns under Democratic Presidents: +1.92%

-           Average yearly growth in Stock Market returns under Republican Presidents: +0.64%

The stock market does better under democrats

Most Sources from: Statistical Abstract of the United States; 1992-2015 Economic Reports of the President, Congressional Budget Office, Bureau of Labor Statistics, all data since World War II.