General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsBush averaged zero jobs his first term and -20,000 jobs for his first 43 month
Here are the monthly jobs numbers:
http://data.bls.gov/timeseries/CES0000000001?output_view=net_1mth
Bush:
2001, -1.75 million (Feb thru Dec)
2002, -545,000
2003, +84,000
2004, +1.35 million (thru Aug)
Obama:
2009, -4.24 million (Feb thru Dec)
2010, +1.02 mllion
2011, +1.84 million
2012, +1.11 million (thru Aug)
Monthly average first 43 months
Bush: -20,000
Obama: -6,000
From August 2001 to August 2004: -8,000 per month (Bush)
From August 2009 to August 2012: +85,000 per month (Obama)
Monthly average 2003 through August 2004: +72,000 (Bush)
Monthly average 2011 through August 2012: +148,000 (Obama)
Mitt Romney responds to jobs report with glee
http://www.democraticunderground.com/10021294327
In September 2011, Republicans blocked the American Jobs Act and up to 2 million jobs
http://www.democraticunderground.com/10021294027
phasma ex machina
(2,328 posts)ProSense
(116,464 posts)comparing Bush post Clinton's job creation to Obama post Bush's historic economic disaster. So there is that!
Dawson Leery
(19,348 posts)ProSense
(116,464 posts)Republicans are carrying one gets the impression Bush's zero job creation during his first term is more of what this country needs.
Dawson Leery
(19,348 posts)MannyGoldstein
(34,589 posts)No way I'm voting for Bush.
ProSense
(116,464 posts)"No way I'm voting for Bush."
What about Romney? He's pushing Bush's policies on steroids.
OK, not exactly. But he did say that we should be creating 500,000 jobs a month which almost never happens and that we should have 4 percent unemployment, which is way below almost anyones estimate of the lowest rate we can have without accelerating inflation.
But he understands the economy, right?
Incidentally, since Romney is proposing a complete return to Bush economic policies, it might be interesting to note the average rate of job creation during Bushs first 7 years in the White House that is, his record even if you ignore the catastrophe at the end. And that average monthly rate, from the BLS, was drum roll 66,000.
http://krugman.blogs.nytimes.com/2012/05/05/mitt-romney-promises-to-create-eleventeen-million-jobs/