By Garrett P. (Putman) Serviss
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B. Harrison 27. Clinton 28. Madison 29. Nixon 30. Pierce Kennedy 32. Reagan 33. L. Johnson 34. W. Bush 35. F. Roosevelt 36. Carter 37. Ford 38. Wilson 39. Lincoln *See text for explanation; both variants based one-half on size of government considerations and one-half on price stability-inflation considerations. 14 It can be argued that information costs of understanding the signals generated by markets are lower during periods of aggregate price stability. Under this scenario, the "best" presidents from a monetary policy perspective are the ones who maintain price stability and 5 percent annual deflation (which occurred, for example, under Herbert Hoover) is as bad as 5 percent annual inflation (which occurred, for example, under Ronald Reagan).
Carter 26. Ford 27. Arthur 28. Reagan 29. B. Harrison 30. Taylor 31. Tyler Pierce 33. Coolidge 34. Fillmore 35. A. Johnson 36. Nixon 37. Grant 38. Buchanan 39. Harding 16 RATING PRESIDENTIAL PERFORMANCE three each in the early and middle periods. Why? In the modern era, government spending has tended to grow fairly consistently as a share of gross domestic product, and the most conservative and laissez-faire of presidents (Ronald Reagan in particular comes to mind) have done relatively little about it.
Lincoln 39. F. Roosevelt 1. Lincoln 2. F. Roosevelt 3. Washington 4. Jefferson 5. T. Roosevelt 6. Wilson 7. Jackson 8. Truman 9. Eisenhower 10. Polk 11. L. Johnson 12. J. Adams 13. Madison 14. Kennedy 15. Monroe 16. Cleveland McKinley 18. Q, Adams 19. Van Buren Taft 21. W. Bush 23. Hayes Clinton 25. Carter 26. Ford 27. Arthur 28. Reagan 29. B. Harrison 30. Taylor 31. Tyler Pierce 33. Coolidge 34. Fillmore 35. A. Johnson 36. Nixon 37. Grant 38. Buchanan 39. Harding 16 RATING PRESIDENTIAL PERFORMANCE three each in the early and middle periods.
A Columbus of Space by Garrett P. (Putman) Serviss