Syphon
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- Feb 22, 2012
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Hiring in the private sector picked up in February, according to a report released Wednesday by payroll processor ADP.
Private employers added 216,000 jobs in the month, ADP said, roughly in line with forecasts for 218,000 jobs gained.
Small businesses -- those with fewer than 50 employees -- made up half of the job gains in February, hiring 108,000 people.
A rise in manufacturing jobs was particularly encouraging. Factories added 21,000 jobs.
ADP Says U.S. Added 216,000 Jobs in February - Bloomberg
Private firms added 216,000 jobs in February, study says - latimes.com
ADP: Private sector adds 216,000 jobs in February - Mar. 7, 2012
With Democrats in the White House, the average annual job creation for the last 48 years was just a hair under 2.2 million additional jobs.
Under Republican presidents, half of that, 1.1 million jobs. GDP growth under Democrats, 3.2%. Under Republicans, 2.1%.
Now here it gets fun: Average annual S&P 500 growth rate under Democrats, 10.8%. Under Republicans, 2.3%.
All of this is public knowledge, you can get these results from Bloomberg, BLS and BEI. You can't argue with data. You can spin as much as you want, BS to the high heavens, but so many critical indices show again and again (I didn't even bring up debt to GDP performance) to very heavily favor Democratic presidents. So either there is an ideological economic advantage to Democratic policies, or Republicans have made terrible presidents.
Or maybe a little of both. Either way, you can't argue facts with opinions alone, and win any logical argument.
how will the GOP try to spin this their way now?
Private employers added 216,000 jobs in the month, ADP said, roughly in line with forecasts for 218,000 jobs gained.
Small businesses -- those with fewer than 50 employees -- made up half of the job gains in February, hiring 108,000 people.
A rise in manufacturing jobs was particularly encouraging. Factories added 21,000 jobs.
ADP Says U.S. Added 216,000 Jobs in February - Bloomberg
Private firms added 216,000 jobs in February, study says - latimes.com
ADP: Private sector adds 216,000 jobs in February - Mar. 7, 2012
With Democrats in the White House, the average annual job creation for the last 48 years was just a hair under 2.2 million additional jobs.
Under Republican presidents, half of that, 1.1 million jobs. GDP growth under Democrats, 3.2%. Under Republicans, 2.1%.
Now here it gets fun: Average annual S&P 500 growth rate under Democrats, 10.8%. Under Republicans, 2.3%.
All of this is public knowledge, you can get these results from Bloomberg, BLS and BEI. You can't argue with data. You can spin as much as you want, BS to the high heavens, but so many critical indices show again and again (I didn't even bring up debt to GDP performance) to very heavily favor Democratic presidents. So either there is an ideological economic advantage to Democratic policies, or Republicans have made terrible presidents.
Or maybe a little of both. Either way, you can't argue facts with opinions alone, and win any logical argument.
how will the GOP try to spin this their way now?