Presidents since WWII: How'd they do on the economy?
12. Harry Truman
*Higher number means better performance
Comparison based on 17 economic indicators, including growth in gross domestic product, rate of unemployment, inflation, population below the poverty line, increase in the Dow Jones Industrial Average, savings and investment rates, exports and trade balances, federal budget growth, and debt and federal taxes as a share of GDP. the analysis uses a one-year lag on the indicators to reflect that a president’s first year in office is usually dominated by the federal budgets and policies adopted under the previous administration.
(Story and ranking by Richard J. Carroll, an economist at the World Bank. This article, the first of three, is based on his new book, “The President as Economist: Scoring Economic Performance From Harry Truman to Barack Obama,” published in June by Praeger. Story courtesy of Bloomberg News)