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As the Wall Street Journal noted in the last month of Bush’s term, the former president had the “worst track record for job creation since the government began keeping records.” And job creation under Bush was anemic long before the recession began. Bush’s supply-side economics “fostered the weakest jobs and income growth in more than six decades,” along with “sluggish business investment and weak gross domestic product growth,” the Center for American Progress’ Joshua Picker explained. “On every major measurement” of income and employment, “the country lost ground during Bush’s two terms,” the National Journal‘s Ron Brownstein observed, parsing Census data.
From January 2002 to July 2004, under the Bush administration, a net total of 768,000 public and private-sector jobs were created.
From January 2010 to July 2012, under the Obama administration, a net total of 3,926,000 public and private sector jobs were created.
That's right. In the same exact time period, five times more jobs have been created during the Obama administration than during Bush's. So much for the theory that cutting rich people's taxes leads to job growth.
Also, 13 months of the Bush administration saw job losses as opposed to 6 during the Obama administration.
Unfortunately statistics are just numbers to be manipulated and when i hear that Obama has high unemployment and the stats start from day 1 of his Presidency, it makes me wonder what idiots do not realize that the first few months of Obama's administration was engulfed with job losses caused by the recession............... NOTHING Obama could do about that but job growth is now every month in stark contrast to the 800,000 job losses each month at the end of the last Republican administration.
Unfortunately statistics are just numbers to be manipulated and when i hear that Obama has high unemployment and the stats start from day 1 of his Presidency, it makes me wonder what idiots do not realize that the first few months of Obama's administration was engulfed with job losses caused by the recession............... NOTHING Obama could do about that but job growth is now every month in stark contrast to the 800,000 job losses each month at the end of the last Republican administration.
If this is the best you leftists can do to defend your failed President, then he is surely toast. Nice try though; you don't have much to work with.
And the job losses you're referring to only began after the Democrats took over Congress in 2006. There was plenty of job growth under Bush and a GOP Congress from 2000-2006.
LMAO.....you do realize that Obama looking at his entire term has a far worse record than Bush, right? Compare apples to apples, not apples to oranges. Remember Bush also inherited an economic downturn....
As far as the January 2010-July 2012 figure vs. the January 2002-July 2004 figure, remember that the early 2000's downturn/recession (not technically a recession) was just getting unde rway when Bush took office. The late 2000's recession had been under way for a year when Obama took office. So proper comparisons would be 2010 vs. 2003, not 2010 vs. 2002.
Unfortunately statistics are just numbers to be manipulated and when i hear that Obama has high unemployment and the stats start from day 1 of his Presidency, it makes me wonder what idiots do not realize that the first few months of Obama's administration was engulfed with job losses caused by the recession............... NOTHING Obama could do about that but job growth is now every month in stark contrast to the 800,000 job losses each month at the end of the last Republican administration.
And most months the "job growth" is not even enough to account for population growth....so there is an effective loss in jobs.
Unemployment would be over 11% today if so many people hadn't dropped out of the labor force.
This poster frequently uses ThinkProgress as a source (in fact, it may be the most common source he/she uses) yet expects to be taken seriously....
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