Deficit:
us Budget deficit by president bush clinton regan
Source: US Budget Deficit or Surplus 1960-present at scribd.com

Spending:
US Government Spending As Percent Of GDP in United States 1903-2010 at usgovernmentspending.com
U.S. Balance of power President - Congress, spending

Debt as a percent of GDP:
debt as a percent of gdp
Source: Budget of the United States Government: Historical Tables at www.gpoaccess.gov

The Fiscal Year 2009 budget describes Federal government revenue and spending for October 1, 2008, through September 30, 2009. The Bush Administration submitted it to Congress in February 2008, but Congress stated it was dead on arrival. Why? It was the first budget to propose spending more than $3 trillion, it underfunded the War on Terror, and its revenue projections ignored the warning signs of recession.
As a result, it wasn't signed until President Obama took office in 2009.
Source: FY 2009 U.S. Federal Budget and Spending | TheBalance.com

In 2009 most of the $1 Trillion deficit was because of:
The American Recovery and Reinvestment Act (ARRA)  $253 B
The Troubled Assed Recovery Program (TARP)         $151 B
The Increase in DOD spending for the War on Terror $145 B
The Revenue shortfall because of the recession     $595 B

TARP was an outgrowth of the October 2008 bank bailout bill.
ARRA called the Stimulus Act was passed by congress and signed by President Obama in Feb. 2009.
FactCheck.org (6/2012) says,
The truth is that the nearly 18 percent spike in spending in fiscal 2009 — for which the president is sometimes blamed entirely — was mostly due to appropriations and policies that were already in place when Obama took office.

That includes spending for the bank bailout legislation approved by President Bush. Annual increases in amounts actually spent since fiscal 2009 have been relatively modest. In fact, spending for the first seven months of the current fiscal year is running slightly below the same period last year, and below projections.

When G.W. Bush was adding a trillion dollar deficit over 5 years for the Iraq war (It will ultimately cost much more.), while cutting taxes, Dick Chaney said "Ronald Regal proved that deficits don't matter".
The same people who supported the Bush spending are now complaining that the Obama Administration's healthcare initiative which will spend a trillion dollars over 10 years to save hundreds of thousands of lives, is bad.

See also: US Federal Debt - Charts Tables History at usgovernmentdebt.us


Trump's turn? Republican presidents rule recessions | USA Today Nov 21, 2016
Recessions began after 14 presidential inaugurations since 1901. Number of months each recession lasted:


SOURCE CFRA, NBER; Photos: AP
Credit: George Petras and Janet Loehrke, USA TODAY

Real GDP growth, a measure of economic activity in the U.S., averaged 3.33% during the 64 years and 16 presidential terms going back to President Truman in the mid-1940s, according to a 2013 research paper by professors of economics Alan Blinder and Mark Watson at Princeton University. With a Republican in the White House, though, the economy's growth slowed to 2.54%, the economists found. With a Democrat in office, growth jumped to 4.35% on average.

Evidence pointing to better economic growth under Democrats is an illusion created by the timing of when presidents enter office, says Timothy Kane at the Hoover Institution think tank at Stanford University. Factoring in the one-year lag between the time a new president is elected and when the policy effects kick in, "there is no statistically significant advantage for either party in the White House," Kane says. Presidents inherit problems that were created by policy decisions before they were elected, Kane says.


debt limit votes republican democrat

unemployment clinton, bush, obama, regan, nixon
Employment - The Recession of 2007–2009: BLS Spotlight on Statistics

Sure there are what Reagan called welfare queens, but when the unemployment rate went from 7.5% to over 10% in 1982 that's 4 million additional people unemployed and a total of 15 million unemployed. Labor force = # of people over 16 years old (149 M in 2015)


Recessions:
Dates Length
months
GDP
decline
peak un-
employment
President
at start
1929-1938 43 30% 25% Hoover
Nov 1973 - Mar 1975 16 3.2% 9.0% Nixon
July 1981 - Nov 1982 14 2.7% 10.8% Regan
July 1990 - March 1991 8 1.4% 7.8% Bush
March 2001 - Nov 2001 8 0.3% 6.3% Bush
Dec 2007 - June 2009: 18 4.1% 10.1% Bush
Source: CouncilForEconEd.org
Unemployment data comes from the Bureau of Labor Statistics.

Links:
Tax rates in other countries
Federal Spending at USGovernmentSpending.com
Budget of the United States Government: Historical Tables at OMB at whitehouse.gov
U.S. Balance of power President - Congress
Which Political Party Increased Government Spending At a Faster Rate? at DaveEmanuel.com
The Truth About Who's Responsible For Our Massive Budget Deficit - Business Insider

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last updated 31 Aug 2011