Chart of the Day
Posted at 9:45 a.m. on Jan. 22
– The Economist aggregates data across a number of economic indicators between a president’s first and second term, including GDP, industrial production, household incomes, house prices, unemployment, consumer confidence, stockmarkets and federal debt.
“The first chart…shows…the average change in each of these economic indicators. With the exception of federal debt, which rises at a slower rate than in the first term, on average, all these indicators deteriorate. The economic performance of the 11 two-term presidents worsens by some 4.2 percentage points on average in their second terms compared with their first.”