Bouncing through Polipundit, you'll find a link to New England Republican's excellent analysis of Clinton's first term economic record and Bush's first. I'll post the pretty graphs and you can go to the analysis here.
First I'll start with a post I did earlier (with my analysis):
Let's analyze this graph:
1. After the Great Carter Malaise, by 1984, Ronald Reagan had annual GDP growth at 7.2%.
2. When Reagan left office in 1989, GDP growth was at 3.5%.
3. When Bush Sr. left office in 1993, GDP growth was at 3.0%.
4. When Clinton left office in 2001, GDP growth was at 0.75%.
5. With Bush in office in 2004, GDP growth is at 4.7%.
Now for other graphs:
And he also shows the unemployment rate of other coutries, those "allies" that we should model ourselves after:
Canada - 7.6
Belgium - 8.1
France - 9.4
Germany - 9.3
Spain - 11.3
And the US? 5.5%