Well, if you go back say 80 years and look at something like job growth, you'll notice that the highest job growth occurred during the administrations of Roosevelt, Truman, Kennedy, Johnson, Carter and Clinton.
And the lowest job growth occurred during the administrations of Hoover, Eisenhower, Nixon, Ford, Reagan, Bush and baby Bush.

Coincidence?

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“ The subjects of every state ought to contribute towards the support of the government, as nearly as possible, in proportion to their respective abilities; that is, in proportion to the revenue which they respectively enjoy under the protection of the state.”

Adam Smith , The Wealth of Nations 1776

"We have always known that heedless self-interest was bad morals; we know now that it is bad economics"
FDR's second Inaugural Address