Luckily the answer can be found by looking currently on the current administration: Runaway debt & deficit, needless wars expenditures, crumbling infrastructure, job losses, severe recession, Americans' freedoms taken away, The country's status weakened internationally, empowerment of nations hostile to America such as Iran, and North Korea, and a severe dip in the educational system. Good times, people, good times!
The fact is Republicans are for small government and cutting spending whenever they're not in power but statistics clearly show the economy fares considerably better under Republicans with better fiscal control, less debt, and more job creation.