This analysis could be meaningful if everything is equal. Unfortunately it is not.

When Pres Bush assumed office there was not a raging contraction in the the economy vis a vis when Pres Obama etc etc.

While it is probably true and valid there is a whole lot of hypocrisy going around, a little more care should be taken when using blanket statements about debt, deficits, etc

ignorance is the enemy
without equality there is no liberty
America can survive bad policy, but not destruction of our Democratic institutions