By the end of every presidential term, the nation tends to estimate the results of the president’s work. As a basis, they take different factors: objective and subjective. The following infographic offers to look back at the history of the presidency in the USA. Keep reading to figure out the best President for the U.S. Economy.
The main indicator the infographic focuses on is economic performance index. EPI is a macro-indicator that measures and reflects state, national, and global economic efficiency. It includes inflation rate, unemployment rate, total GDP, and change in real GDP. The lower the unemployment rate is, the better GDP grows, the better the EPI score will be.
When it comes to evaluating president’s contribution to the economy of the country, taking EPI as a basis is reasonable. It shows the result of president’s activity from different sides. According to the results, Ronald Reagan was economically the best president of the USA.
High inflation, interest rates, unstable economic growth and other economic disasters left an unpleasant impression from the activity of such presidents as Jimmy Carter, Richard Nixon, and Gerald Ford. The EPI score after their presidential term was record-low.
This information is crucial for understanding the real state of things. Information analysis makes our choices more cautious and thoughtful.
Concerned citizens, who care about the future of the country, will choose the best president for the economy of the country. History is cyclical – tendencies of the past years eventually come back.
Therefore, being informed is crucial for making the right choices and choosing the right paths.