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mostlysimilar 9 hours ago

Not exactly.

> Blinder and Watson reported that budget deficits tended to be smaller under Democrats at 2.1% potential GDP versus 2.8% potential GDP for Republicans, a difference of about 0.7 of a percentage point. They wrote that higher budget deficits should theoretically have boosted the economy more for Republicans, and therefore cannot explain the greater GDP growth under Democrats.[3] Since 1981, federal budget deficits have increased under Republican presidents Ronald Reagan, both Bushes, and Trump, while deficits have declined under Democratic presidents Clinton and Obama. The federal government ran surpluses during Clinton's last four fiscal years, the first surpluses since 1969. The deficit was projected to decline sharply in Biden's first fiscal year.

https://en.wikipedia.org/wiki/U.S._economic_performance_by_p...

twoodfin 9 hours ago | parent [-]

That’s a really small data set to draw any strong conclusions from.

None of these big swings between administrations had much to do with policy:

Clinton inherited the end of the Cold War and resulting “peace dividend”.

Obama inherited a Federal government already spending hundreds of billions to address the GFC.

Similarly, Biden inherited a Covid recovery budget spending an additional trillion or so.