Sunday, April 6, 2008

The Bush jobs record

Changes in nonfarm employment since inauguration under the last two administrations:


1. The official recession may have been short, but the employment recession of 2001-2003 was anything but

2. The administration’s habit of counting job gains since August 2003 is revealed for the cheap trick it is

3. Even during the good years, job growth under Bush was slower than the average under Clinton

Add: I may have been unclear: this is the total number of jobs added, in thousands, since January 1993 and January 2001 respectively. So the Clinton years ended with a net gain of about 23 million jobs, whereas the Bush years so far have seen a net gain of about 5 million. That’s not to say that either president deserves credit/blame for everything that happened on his watch; it’s just about the real facts of the case.

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