Quote:
Originally Posted by zimmy
Luckily, pretty soon after we got the current president, we stopped purging jobs. I know, don't blame Bush
" For each job the private sector cut under George W. Bush, the private sector gained~0.09 jobs under Barack Obama (if one attributes January 2009′s job losses to Obama, the private sector eliminated ~5 jobs for every job it created under Bush). The economy would need to destroy 701,000 private sector jobs for Bush to break even with Obama (not accounting for the 125,000 jobs that the economy must create each month just to keep pace with population growth)."
Bush vs. Obama: Unemployment (May 2012 Jobs Data) | Reflections of a Rational Republican
|
I hope he tries to run on that too
Obama’s remarks on worst job growth: Did he end it or should he own it? - The Washington Post
The Pinocchio Test
There’s no doubt that Bush owns an unimpressive record on job creation.
But Obama comes in either last, second-to-last or in the bottom half among presidents since the Great Depression, depending on which way you look at the numbers. considering all of the money he spent saving and creating jobs..you'd think he'd have better results
The president said that policies from 2000 through 2008 produced the “most sluggish job growth we’ve ever seen.” Perhaps so, but the worst numbers on record occurred under his watch.
Obama chose a poor metric for measuring past administrations. To make his point with jobs data, he has to point to his own numbers and completely disavow much of them, or else ignore public-sector losses.
We came close to thinking this was worth Three Pinocchios, but ultimately decided he was not necessarily including his record in the statement oh....just give him 4 he's earned it . Still, it’s a very fine line. The president should be much more careful about making such a sweeping claim.