INDEX

Introduction
What is Nominal GDP? It is Gross Domestic Product that has not been adjusted for inflation. When comparing nominal GDPs from year to year it show how much the economy has grown or shrunk. In the infromation
listed below I will prove to you that the elected president of the United States has an effect on the Economy. Also which three presidents had the highest average GDP growth rate and which ones cut the most
government spending.

President

Year

Richard
Nixon

Back

1970
1971
1972
1973

Gerald
Ford

Average
1974
1975
1976

Jimmy
Carter

Average
1977
1978
1979
1980

Ronald Reagan

Average
1981
1982
1983
1984
1985
1986
1987
1988

George
H.W. Bush

Average
1989
1990
1991
1992

Bill Clinton

Average
1993
1994
1995
1996
1997
1998
1999
2000

George W. Bush

Average
2001
2002
2003
2004
2005
2006
2007
2008

Barack
Obama

Average

Average

2009
2010
2011
2012
2013

Next

GDP-US $ billion
nominal

Change in GDP
Billions

Nominal GDP
Growth Rate

Population-US
Millions

1075.900
1167.800
1282.400
1428.500
1238.650
1548.800
1688.900
1877.600
1705.100
2086.000
2356.600
2632.100
2862.500
2484.300
3210.900
3345.000
3638.100
4040.700
4346.700
4590.100
4870.200
5252.600
4161.788
5657.700
5979.600
6174.000
6539.300
6087.650
6878.700
7308.700
7664.000
8100.200
8608.500
9089.100
9665.700
10289.700
8450.575
10625.300
10980.200
11512.200
12277.000
13095.400
13857.900
14480.300
14720.300
12693.575
14417.900
14958.300
15533.800
16244.600
16797.500
15590.420

91.900
114.600
146.100
117.533
120.300
140.100
188.700
149.700
208.400
270.600
275.500
230.400
246.225
348.400
134.100
293.100
402.600
306.000
243.400
280.100
382.400
298.763
405.100
321.900
194.400
365.300
321.675
339.400
430.000
355.300
436.200
508.300
480.600
576.600
624.000
468.800
335.600
354.900
532.000
764.800
818.400
762.500
622.400
240.000
553.825
-302.400
540.400
575.500
710.800
552.900
415.440

0.00%
8.54%
9.81%
11.39%
9.92%
8.42%
9.05%
11.17%
9.55%
11.10%
12.97%
11.69%
8.75%
11.13%
12.17%
4.18%
8.76%
11.07%
7.57%
5.60%
6.10%
7.85%
7.91%
7.71%
5.69%
3.25%
5.92%
5.64%
5.19%
6.25%
4.86%
5.69%
6.28%
5.58%
6.34%
6.46%
5.83%
3.26%
3.34%
4.85%
6.64%
6.67%
5.82%
4.49%
1.66%
4.59%
-2.05%
3.75%
3.85%
4.58%
3.40%
2.70%

203.302
205.515
207.752
210.013
206.646
212.299
214.609
216.945
214.618
219.307
221.694
224.107
226.546
222.914
228.670
230.815
232.979
235.164
237.369
239.595
241.842
244.110
236.318
246.399
248.710
251.802
254.933
250.461
258.103
261.312
264.561
267.850
271.180
274.552
277.966
281.422
269.618
284.184
286.974
289.790
292.635
295.507
298.145
300.807
303.492
293.942
306.202
308.936
311.576
314.239
316.925
311.576

Change in
Population US
Millions

Percentage
Change in
Population

Other Spendingtotal $ billion

nominal

Percentage of
Other Spending
of GDP

Welfare-total $
billion nominal

Percentage of
Welfare of GDP

General
Governmenttotal $ billion
nominal

Percentage of
General
Government
Spending of GDP

2.213
2.237
2.261
2.237
2.286
2.310
2.336
2.311
2.362
2.387
2.413
2.439
2.400
2.124
2.145
2.164
2.185
2.205
2.226
2.247
2.268
2.196
2.289
2.311
3.092
3.131
2.706
3.170
3.209
3.249
3.289
3.330
3.372
3.414
3.456
3.311
2.762
2.790
2.816
2.845
2.872
2.638
2.662
2.685
2.759
2.710
2.734
2.640
2.663
2.686
2.687

0.00%
1.09%
1.09%
1.09%
1.09%
1.09%
1.09%
1.09%
1.09%
1.09%
1.09%
1.09%
1.09%
1.09%
0.94%
0.94%
0.94%
0.94%
0.94%
0.94%
0.94%
0.94%
0.94%
0.94%
0.94%
1.24%
1.24%
1.09%
1.24%
1.24%
1.24%
1.24%
1.24%
1.24%
1.24%
1.24%
1.24%
0.98%
0.98%
0.98%
0.98%
0.98%
0.89%
0.89%
0.89%
0.95%
0.89%
0.89%
0.85%
0.85%
0.85%
0.87%

38.580
40.630
44.400
44.480
42.023
44.830
63.780
67.510
58.707
75.440
91.220
97.470
110.290
93.605
119.410
128.130
134.610
129.730
148.090
165.670
167.190
179.690
146.565
218.230
265.390
285.620
237.660
251.725
216.750
235.550
223.500
237.430
233.790
266.580
302.110
329.010
255.590
352.970
371.610
377.300
388.500
410.250
471.520
453.840
499.070
415.633
798.870
446.170
512.090
525.570
413.310
539.202

3.59%
3.48%
3.46%
3.11%
3.41%
2.89%
3.78%
3.60%
3.42%
3.62%
3.87%
3.70%
3.85%
3.76%
3.72%
3.83%
3.70%
3.21%
3.41%
3.61%
3.43%
3.42%
3.54%
3.86%
4.44%
4.63%
3.63%
4.14%
3.15%
3.22%
2.92%
2.93%
2.72%
2.93%
3.13%
3.20%
3.02%
3.32%
3.38%
3.28%
3.16%
3.13%
3.40%
3.13%
3.39%
3.28%
5.54%
2.98%
3.30%
3.24%
2.46%
3.50%

22.330
32.310
36.120
36.360
31.780
42.820
66.500
82.020
63.780
77.190
73.830
75.770
100.520
81.828
117.860
126.360
145.560
129.270
148.600
139.420
145.260
151.980
138.039
155.780
174.750
209.070
220.580
190.045
233.270
229.380
239.920
239.530
237.770
227.240
230.290
243.570
235.121
261.400
325.410
357.670
350.160
347.840
353.920
359.070
433.110
348.573
558.870
710.360
672.650
589.360
554.380
617.124

2.08%
2.77%
2.82%
2.55%
2.55%
2.76%
3.94%
4.37%
3.69%
3.70%
3.13%
2.88%
3.51%
3.31%
3.67%
3.78%
4.00%
3.20%
3.42%
3.04%
2.98%
2.89%
3.37%
2.75%
2.92%
3.39%
3.37%
3.11%
3.39%
3.14%
3.13%
2.96%
2.76%
2.50%
2.38%
2.37%
2.83%
2.46%
2.96%
3.11%
2.85%
2.66%
2.55%
2.48%
2.94%
2.75%
3.88%
4.75%
4.33%
3.63%
3.30%
3.98%

7.180
8.030
9.170
17.000
10.345
18.170
19.800
20.250
19.407
24.780
26.290
28.710
31.460
27.810
31.190
33.190
35.880
38.370
40.910
44.370
43.010
47.510
39.304
51.340
55.660
60.750
45.740
53.373
47.090
48.950
53.390
53.000
56.770
61.240
65.620
67.880
56.743
71.450
76.840
83.390
81.410
85.950
89.040
96.850
101.330
85.783
104.580
103.690
102.930
105.060
104.710
104.194

0.67%
0.69%
0.72%
1.19%
0.82%
1.17%
1.17%
1.08%
1.14%
1.19%
1.12%
1.09%
1.10%
1.12%
0.97%
0.99%
0.99%
0.95%
0.94%
0.97%
0.88%
0.90%
0.95%
0.91%
0.93%
0.98%
0.70%
0.88%
0.68%
0.67%
0.70%
0.65%
0.66%
0.67%
0.68%
0.66%
0.67%
0.67%
0.70%
0.72%
0.66%
0.66%
0.64%
0.67%
0.69%
0.68%
0.73%
0.69%
0.66%
0.65%
0.62%
0.67%

Presidential Effect on GDP in Billions of Dollars

Based on the information shown below you can tell that the President does make an impact on GDP. As you can tell the Average trend line is in a positive slope in coloration to the average change in Nominal GDP per Presidential Term. However, Both President Regan and
President Obamas is below the trend line to a number of reasons some being good and some being bad which will be discussed in the next few charts.
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Presidential Effect on GDP in Billions of Dollars

700
617.124
600

553.825

IN BILLIONS OF DOLLARS

500

468.8

415.44
400

Average of Population-US Millions

348.5725

Average of Change in GDP Billions

321.675
298.7625

Average of General Government-total $ billion nominal

300
246.225

Average of Welfare-total $ billion nominal

Linear (Average of Change in GDP Billions)
235.12125

200

190.045

149.7

88.15
100
31.78

19.40666667

81.8275

27.81

104.194

85.7825

138.03875

63.78
10.345

39.30375

53.3725

56.7425

George H. Bush

Bill Clinton

0
Richard Nixon

Gerald Ford

Jimmy Carter

Ronald Regan

George W. Bush

Barack Obama

PRESIDENTS

Row Labels
Richard Nixon
Gerald Ford
Jimmy Carter
Ronald Regan
George H. Bush
Bill Clinton
George W. Bush
Barack Obama
Grand Total

Average of Population-US Millions

Average of Change in GDP Billions

206.6455
214.6176667
222.9135
236.318
250.461
269.61825
293.94175
311.5756
257.2917045

Average of General Government-total $ billion nominal

88.15
149.7
246.225
298.7625
321.675
468.8
553.825
415.44
357.3090909

Average of Welfare-total $ billion nominal

10.345
19.40666667
27.81
39.30375
53.3725
56.7425
85.7825
104.194
54.54386364

31.78
63.78
81.8275
138.03875
190.045
235.12125
348.5725
617.124
233.3052273

President's Average Nominal GDP Growth Rate

What is the Nominal GDP Growth Rate? The GDP growth rate is the most important indicator of economic health. When the economy is growing, the GDP growth rate is positive. When its positive it will
increase the growth rate in business, jobs and personal income. If it's slowing down, businesses will hold off investing in new purchases and hiring new employees, just to see if the economy will improve.
As you can tell from the chart the US ecomonic growth rate between 1970 and 2013 was at its highest average per presidential term at 11.13 % during President Carters' term. Followed by President Ford
at 9.55% and President Regan at 7.91%.

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Average GDP Growth Rate

12.00%

11.13%

9.55%

Average Percent

10.00%
8.00%

7.91%

7.44%

5.64%

6.00%

5.83%
Total

4.59%

Linear (Total)

4.00%

2.70%

2.00%
0.00%
Richard Nixon

Gerald Ford

Jimmy Carter

Ronald Regan

George H. Bush

President

Row Labels
Richard Nixon
Gerald Ford
Jimmy Carter
Ronald Regan
George H. Bush
Bill Clinton
George W. Bush
Barack Obama
Grand Total

Average of Nominal GDP Growth Rate

7.44%
9.55%
11.13%
7.91%
5.64%
5.83%
4.59%
2.70%
6.49%

Bill Clinton

George W. Bush

Barack Obama

Percentage Change in Three Categories of Government Spending of GDP based on

Presidential Term
Government spending when it come to GDP accounts for any penny the government spends. So these three Categories' listed are just a small portion of the total cost of GDP. The
Graph on the right represents the total of all three categories, which its average based on the trend line is between 6-8 percent. When it comes to the top 3 Presidents who cut
most spending in relationship to the three categories President Nixon, President Bush H. and President Clinton. Lead the way in budgets cuts on welfare, other government
spending and general spending.
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Average Percentage Change in Govt. Spending by Presidents

Percentage Change in Govt. Spending based on
Welfare, Other Spending and General Spending

9.00%
8.00%
12.00%

7.00%

4.00%
2.00%

Average of Percentage of Welfare of GDP

Year

0.00%
Richard
Nixon

Gerald
Ford

Jimmy
Carter

Ronald George H.
Bill
Regan
Bush
Clinton

George
W. Bush

Barack
Obama

Presidents

Row Labels
Richard Nixon
Gerald Ford
Jimmy Carter
Ronald Regan
George H. Bush
Bill Clinton
George W. Bush
Barack Obama
Grand Total

Average of Percentage of Welfare of GDP

Average of Percentage of General Government spending of GDP
2.55%
3.69%
3.31%
3.37%
3.11%
2.83%
2.75%
3.98%
3.15%

0.82%
1.14%
1.12%
0.95%
0.88%
0.67%
0.68%
0.67%
0.83%

Average of Percentage of Other Spending of GDP

3.41%
3.42%
3.76%
3.54%
4.14%
3.02%
3.28%
3.50%
3.45%

2012

2010

2008

2006

2004

2002

2000

1998

1996

1994

1992

1990

1988

1986

1984

1982

1970

1.00%

1980

0.00%

2.00%

1978

3.00%

6.00%

1976

Average of Percentage of General

Government spending of GDP

1974

4.00%

8.00%

1972

Average of Percentage of Other Spending of

GDP

5.00%

Percentage

Percent Change

10.00%
6.00%

Conclusion
Based on all the information I provided, I came to a conclusion that the President does have a major
influence on how the Economy fluctuates. Especially when it comes to GDP in the form of government
spending and budget cuts. Even with an increase in population it doesn't have a major effect on the
GDP.

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END