From 0eb46164a2dcc196e270026774d9df8b4e4eb7cd Mon Sep 17 00:00:00 2001
From: medusa <newton214@gmail.com>
Date: Wed, 21 Aug 2024 18:10:04 +0000
Subject: [PATCH] Add financial_docs/economy.md

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+# Approximate Key Economic Indicators by U.S. Administration (1969-2024)
+
+## Nixon-Ford (1969-1977)
+- Real GDP Growth: ~2.8%
+- Unemployment: ~3.5% to ~7.5%
+- Inflation: ~6.8%
+- Real Median Household Income: Slight decline
+- Federal Deficit: ~2% of GDP
+- S&P 500: Relatively flat
+
+## Carter (1977-1981)
+- Real GDP Growth: ~3.2%
+- Unemployment: ~7.5% to ~7.5%
+- Inflation: ~10%
+- Real Median Household Income: Decline
+- Federal Deficit: ~2.5% of GDP
+- S&P 500: Modest increase
+
+## Reagan (1981-1989)
+- Real GDP Growth: ~3.5%
+- Unemployment: ~7.5% to ~5.4%
+- Inflation: ~4.5%
+- Real Median Household Income: Slight increase
+- Federal Deficit: ~4% of GDP
+- S&P 500: Strong increase
+
+## Bush Sr. (1989-1993)
+- Real GDP Growth: ~2.3%
+- Unemployment: ~5.4% to ~7.3%
+- Inflation: ~4%
+- Real Median Household Income: Slight decline
+- Federal Deficit: ~4% of GDP
+- S&P 500: Moderate increase
+
+## Clinton (1993-2001)
+- Real GDP Growth: ~3.9%
+- Unemployment: ~7.3% to ~4.2%
+- Inflation: ~2.6%
+- Real Median Household Income: Significant increase
+- Federal Budget: Surplus by end of term
+- S&P 500: Strong increase
+
+## Bush W. (2001-2009)
+- Real GDP Growth: ~2.1%
+- Unemployment: ~4.2% to ~7.8%
+- Inflation: ~2.8%
+- Real Median Household Income: Slight decline
+- Federal Deficit: ~2% to ~9% of GDP (sharp increase at end)
+- S&P 500: Overall decline
+
+## Obama (2009-2017)
+- Real GDP Growth: ~1.6%
+- Unemployment: ~7.8% to ~4.7%
+- Inflation: ~1.4%
+- Real Median Household Income: Increase
+- Federal Deficit: ~9% to ~3% of GDP
+- S&P 500: Strong increase
+
+## Trump (2017-2021)
+- Real GDP Growth: ~1.0% (including pandemic impact)
+- Unemployment: ~4.7% to ~6.3% (peaked higher during pandemic)
+- Inflation: ~2.1%
+- Real Median Household Income: Increase, then sharp pandemic decline
+- Federal Deficit: ~4.5% to ~15% of GDP
+- S&P 500: Increase
+
+## Biden (2021-2024*)
+- Real GDP Growth: ~2.5%
+- Unemployment: ~6.3% to ~3.7%
+- Inflation: ~4.5% (higher in 2021-2022, moderating)
+- Real Median Household Income: Increase
+- Federal Deficit: ~12% to ~6% of GDP
+- S&P 500: Volatile, overall increase
+
+*Note: Biden's term is ongoing; data is approximate and doesn't reflect full term.
+
+These figures are approximations based on general economic trends and should be verified with official sources for precise data.
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