The rankings can also be used for performance comparisons of the two political parties. Conveniently, there are six Republicans and six Democrats, so if we take the average for Democratic and Republican presidents we can make a head-to-head party comparison. The Democratic presidents scored substantially higher than the Republican presidents, with a score of 26.95. Republican presidents scored -26.95.
Other statistical tests, including the so-called min-max method, which moderates the influence of extreme indicator values, produce similar results. These are consistent considering that the top three performers are Democrats and two out of the lowest three are Republicans. Five out of six Democrats reduced the national debt as a percentage of GDP, while four out of six Republicans raised it. The story is similar on budget deficits, with five of the top six performances recorded by Democrats and four of the bottom five recorded by Republicans.
When it comes to which party is better for the economy, Republicans talk the talk, but it's Democrats who deliver the goods according to an unusual 80-year study of the impact presidents have on growth, personal wealth, the stock market and even 401ks.
The bottom line, according to Bulls, Bears and the Ballot Box: Of the five best economic presidents since Herbert Hoover, only one is a Republican. The paydirt finding: $100,000 invested during the 40 years Republicans had the White House would be worth $126,027. The same amount invested in the stock market during the Democrat's 40 years would be $3,912,210.
I want to get the Republican party small enough to drown in a bathtub.