Originally posted by: ProfJohn
Originally posted by: Thump553
I am more than old enough to remember Carter as President. A great man but mostly ineffective as President, largely due to his inability to delegate and tendency to micromanage. A diaster, though? Hardly, and not even close to the magnitude of diaster that your beloved W is. Carter at least honored and followed his principles-W just gives them lip service while running this great country into the ground every way possible-financially (most irresponsible budget ever-and biggest turnaround from sound fiscal policy ever), militarily (wasting our military on a foolish and useless war, and tying up the military and future leaders for years trying to clean up after him) and politically (largest, most politically biased and reckless growth of national government.
It interesting that you would bring up the budget; let?s look at the facts shall we?
The four years he was in office he ran the highest deficit in the countries history 1980 (in dollar terms) and the 3rd highest in 1978 and 4th highest in 1977. Now these numbers have been passed since then, but at the time they were the highest ever. Now if you want to talk about the Carter fiscal years 1978-1981 (the budgets passed while he was in office) you end up with the 1st, 2nd and 4th in the history of the country. (1981,1980 and 1978) How exactly was he being responsible while running the largest deficits in the countries history?
Let?s talk about deficits in terms of GDP, a far better number to compare Presidents by since they show deficit verse our ability to pay them back.
In terms of GDP Carter ran -2.7, -2.7,-1.6 and -2.7
Now going back to the WW 2 era we had only exceeded -2.7% three times (1968,75 and 76) That puts Carter at 4th, 5th and 6th worse deficits in terms of GDP in the countries history (up to that time.)
Now Bush, his worse year was 2004 at -3.6% compared to Carter that number sure is high, but in terms of our history it is only the 10th highest deficit as a % of GDP.
My point? if this was in 1980 and we were talking about budget deficits Carter would be the worst President in US history. (With the exception of Ford, but not sure that is fair to Ford who didn?t have much power after the Nixon debacle.)
Everything that you guys say about deficits would be true of Carter as well.
BTW I am not excusing Bush?s lousy record; I am point out that Carter?s record was just as lousy, if not worse.
The figures come from here
Now if you want some extra credit you can go
here and get the GDP numbers for each year they were in office, add them together and then add the total of their deficits and divide and get their total contribution to our Debt in terms of GDP. (At least I think that will work, someone let me know if it doesn't.)
Spending tidbit that I bet you didn?t know.
Clinton spent more in terms of GDP for every year of his first term than Bush has spent for his entire term.
Carter also outspent Bush for every year but one.