Australia's deputy prime minister and treasurer, Wayne Swan, says in a speech on Friday that 'the biggest threat to the world's biggest economy are the cranks and crazies that have taken over a part of the Republican party'. Swan also labels the Tea Party wing of the Republicans as 'extreme'

So I guess that means this secret is out.

• President . . . . . . Unemployment Change
• Harding (R) . . . .+0.3%/yr (collapse)
• Coolidge (R) . . . . 0.0%/yr (no change)
• Hoover (R) . . . . +2.5%/yr (collapse)
• Roosevelt (D) . . .-0.9%/yr (better)
• Truman (D) . . . . -0.15%/yr (better)
• Eisenhower (R) . +0.3%/yr (collapse)
• Kennedy (D) . . . . 0.0%/yr (no change)
• Johnson (D) . . . .-0.4%/yr (better)
• Nixon (R) . . . . . . +0.3%/yr (collapse)
• Ford (R) . . . . . . . +0.9%/yr (collapse)
• Carter (D) . . . . . -0.15%/yr (better)
• Regan (R) . . . . . -0.2%/yr (better)
• Bush I (R) . . . . . +0.5%/yr (collapse)
• Clinton (D) . . . . -0.4%/yr (better)
• Bush II (R) . . . . . 0.2%/yr (collapse)
• Obama (D) . . . .- 0.1%/yr (better)

Data courtesy United States Department of Labor Statistics.