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PRESIDENTIAL SCOREBOARD

U.S. economic performance by presidential term, Truman ’49 → today — six FRED metrics, annualized for comparability, graded on the postwar curve. The term in progress is shown but not graded.

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attribution
inauguration → inauguration — exactly what happened on each watch, inherited crises included
top of class
KENNEDY/JOHNSON · A-
GPA 3.82 · ’61–’65
bottom of class
OBAMA I · C-
GPA 1.50 · ’09–’13
dem average
3.06
GPA across 9 graded terms
gop average
2.39
GPA across 10 graded terms

THE SIX METRICS

one bar per term, chronological · amber rule = postwar median · measured on the watch
REAL GDP%/yrcompound annual growth, chained 2017$
PAYROLLS%/yrnonfarm payrolls, compound annual growth
UNEMPLOYMENTpprate change, inauguration → exit
INFLATION%/yrCPI, compound annual rate
REAL WAGES%/yrreal hourly compensation, annual growth
DEBT/GDPpp/yrfederal debt as % of GDP, change per year (from 1966)

TERM TRAJECTORIES

small multiples · every term re-based at its own inauguration · x = months in office
DEMGOP
PAYROLLSjobs · 100 = inauguration
PRICESCPI · 100 = inauguration
UNEMPLOYMENTpp change vs inauguration
REAL GDPreal GDP · 100 = inauguration
REAL WAGESreal compensation · 100 = inauguration

REPORT CARDS

graded on the curve of the 19 postwar terms · percentile → letter
TRUMANDEM ’49–’53
Harry S. Truman
A-3.72 · #2/19
REAL GDPA++5.5
PAYROLLSA+2.9
UNEMPB+-1.4
INFLATIONB+2.6
REAL WAGESA+3.3
DEBT/GDPn/a
EISENHOWER IGOP ’53–’57
Dwight D. Eisenhower
B+3.18 · #5/19
REAL GDPB-+2.9
PAYROLLSC++1.3
UNEMPC++1.3
INFLATIONA++1.0
REAL WAGESA++3.8
DEBT/GDPn/a
EISENHOWER IIGOP ’57–’61
Dwight D. Eisenhower
C+2.34 · #14/19
REAL GDPC-+2.1
PAYROLLSC+0.4
UNEMPD+2.4
INFLATIONA-+1.9
REAL WAGESB++2.0
DEBT/GDPn/a
KENNEDY/JOHNSONDEM ’61–’65
John F. Kennedy · Lyndon B. Johnson
A-3.82 · #1/19
REAL GDPA+5.3
PAYROLLSA-+2.6
UNEMPA--1.7
INFLATIONA+1.2
REAL WAGESA-+2.4
DEBT/GDPn/a
Kennedy assassinated Nov '63; Johnson completed the term
JOHNSONDEM ’65–’69
Lyndon B. Johnson
A-3.60 · #3/19
REAL GDPA+5.1
PAYROLLSA++3.9
UNEMPA--1.5
INFLATIONC++3.4
REAL WAGESA-+2.6
DEBT/GDPn/a
NIXONGOP ’69–’73
Richard Nixon
B2.88 · #9/19
REAL GDPB++3.3
PAYROLLSB+2.2
UNEMPC+1.5
INFLATIONC+4.6
REAL WAGESB++1.8
DEBT/GDPA--0.8
NIXON/FORDGOP ’73–’77
Richard Nixon · Gerald Ford
C1.88 · #17/19
REAL GDPC+2.2
PAYROLLSB-+1.6
UNEMPF+2.6
INFLATIOND+8.3
REAL WAGESC++0.7
DEBT/GDPB++0.0
Nixon resigned Aug '74; Ford completed the term
CARTERDEM ’77–’81
Jimmy Carter
B-2.62 · #10/19
REAL GDPB+3.2
PAYROLLSA+3.1
UNEMPB0.0
INFLATIONF+10.4
REAL WAGESC+0.5
DEBT/GDPA--0.7
REAGAN IGOP ’81–’85
Ronald Reagan
C+2.38 · #13/19
REAL GDPB++3.3
PAYROLLSC++1.4
UNEMPB-0.2
INFLATIONC-+4.9
REAL WAGESC-+0.4
DEBT/GDPC++2.2
REAGAN IIGOP ’85–’89
Ronald Reagan
B3.12 · #6/19
REAL GDPA-+3.8
PAYROLLSA-+2.7
UNEMPA--1.9
INFLATIONC++3.5
REAL WAGESB+1.7
DEBT/GDPC++2.4
BUSH 41GOP ’89–’93
George H. W. Bush
C2.02 · #15/19
REAL GDPC+2.2
PAYROLLSC+0.6
UNEMPC-+1.9
INFLATIONC+4.2
REAL WAGESB-+1.1
DEBT/GDPC-+3.2
CLINTON IDEM ’93–’97
Bill Clinton
B3.00 · #8/19
REAL GDPA-+3.3
PAYROLLSB++2.5
UNEMPA-2.0
INFLATIONB-+2.8
REAL WAGESD-0.4
DEBT/GDPB++0.5
CLINTON IIDEM ’97–’01
Bill Clinton
A-3.60 · #4/19
REAL GDPA-+4.3
PAYROLLSB++2.3
UNEMPB+-1.1
INFLATIONB++2.4
REAL WAGESA-+3.1
DEBT/GDPA+-2.5
BUSH 43 IGOP ’01–’05
George W. Bush
B-2.50 · #12/19
REAL GDPC++2.4
PAYROLLSD+0.0
UNEMPC++1.1
INFLATIONA-+2.2
REAL WAGESB+1.4
DEBT/GDPB-+1.6
BUSH 43 IIGOP ’05–’09
George W. Bush
C-1.67 · #18/19
REAL GDPF+1.3
PAYROLLSC-+0.2
UNEMPD+2.5
INFLATIONB+2.6
REAL WAGESC++0.8
DEBT/GDPC+3.2
OBAMA IDEM ’09–’13
Barack Obama
C-1.50 · #19/19
REAL GDPD+1.5
PAYROLLSD+0.2
UNEMPB-+0.2
INFLATIONB++2.3
REAL WAGESD+0.0
DEBT/GDPF+6.7
OBAMA IIDEM ’13–’17
Barack Obama
B3.10 · #7/19
REAL GDPC++2.5
PAYROLLSB+1.9
UNEMPA+-3.3
INFLATIONA+1.3
REAL WAGESC+0.6
DEBT/GDPB+1.1
TRUMPGOP ’17–’21
Donald Trump
C1.95 · #16/19
REAL GDPD+1.9
PAYROLLSF-0.5
UNEMPC+1.7
INFLATIONA-+1.9
REAL WAGESA+3.1
DEBT/GDPD+5.2
BIDENDEM ’21–’25
Joe Biden
B-2.62 · #11/19
REAL GDPB+3.2
PAYROLLSA-+2.6
UNEMPA-2.4
INFLATIOND+5.0
REAL WAGESF-0.6
DEBT/GDPA-1.0
TRUMP IIGOP ’25–’29
Donald Trump
·in progress
REAL GDP+2.0
PAYROLLS+0.3
UNEMP+0.3
INFLATION+3.5
REAL WAGES+1.0
DEBT/GDP+0.9
Term in progress — annualized through the latest data, not graded

DATA TABLE

all values, chronological — the numbers behind every chart
TERMYEARSREAL GDP%/yrPAYROLLS%/yrUNEMPLOYMENTppINFLATION%/yrREAL WAGES%/yrDEBT/GDPpp/yrGPAGRADERANK
TRUMAN’49–’53+5.5A++2.9A-1.4B++2.6B+3.3A·3.72A-#2
EISENHOWER I’53–’57+2.9B-+1.3C++1.3C++1.0A++3.8A+·3.18B+#5
EISENHOWER II’57–’61+2.1C-+0.4C+2.4D+1.9A-+2.0B+·2.34C+#14
KENNEDY/JOHNSON’61–’65+5.3A+2.6A--1.7A-+1.2A+2.4A-·3.82A-#1
JOHNSON’65–’69+5.1A+3.9A+-1.5A-+3.4C++2.6A-·3.60A-#3
NIXON’69–’73+3.3B++2.2B+1.5C+4.6C+1.8B+-0.8A-2.88B#9
NIXON/FORD’73–’77+2.2C+1.6B-+2.6F+8.3D+0.7C++0.0B+1.88C#17
CARTER’77–’81+3.2B+3.1A0.0B+10.4F+0.5C-0.7A-2.62B-#10
REAGAN I’81–’85+3.3B++1.4C+-0.2B+4.9C-+0.4C-+2.2C+2.38C+#13
REAGAN II’85–’89+3.8A-+2.7A--1.9A-+3.5C++1.7B+2.4C+3.12B#6
BUSH 41’89–’93+2.2C+0.6C+1.9C-+4.2C+1.1B-+3.2C-2.02C#15
CLINTON I’93–’97+3.3A-+2.5B+-2.0A+2.8B--0.4D+0.5B+3.00B#8
CLINTON II’97–’01+4.3A-+2.3B+-1.1B++2.4B++3.1A--2.5A+3.60A-#4
BUSH 43 I’01–’05+2.4C++0.0D+1.1C++2.2A-+1.4B+1.6B-2.50B-#12
BUSH 43 II’05–’09+1.3F+0.2C-+2.5D+2.6B+0.8C++3.2C1.67C-#18
OBAMA I’09–’13+1.5D+0.2D+0.2B-+2.3B++0.0D+6.7F1.50C-#19
OBAMA II’13–’17+2.5C++1.9B-3.3A++1.3A+0.6C+1.1B3.10B#7
TRUMP’17–’21+1.9D-0.5F+1.7C+1.9A-+3.1A+5.2D1.95C#16
BIDEN’21–’25+3.2B+2.6A--2.4A+5.0D-0.6F-1.0A2.62B-#11
TRUMP II’25–’29+2.0+0.3+0.3+3.5+1.0+0.9IP