1961 to 2012
Republican president job growth - 24 million jobs in 28 years.
Democratic president job growth - 42 million jobs in 24 years.
Bill Clinton says Democratic presidents top Republican presidents in job creation PolitiFact
Is that significant in some way? DOes the president hire and fire people?
In 2008 our economy went thourgh the worst recession since 1929.Obama took office in 2009 and did the following to help:
- Passed the stimulus without even one Republican vote: As soon as the stimulus passed job growth and unemployment claims started to recover. In all the stimulus ended up suppoorting about 3.5 miilion jobs.
- Bailed out the auto industry: the U.S. auto industry has added nearly 250,000 jobs -- the fastest pace of job growth in more than a decade.
- Passed middle-class tax cuts that provided tax relief for 160 million workers and helped jumpstart the economy.
- Expanded and Accelerated Payment on Government Contracts: The first two years of the Obama Administration saw the largest two-year increase in the percentage of federal contracting dollars going to small businesses in a decade.
And while businesses have created more than 9.7 million private sector jobs in the past 52 months Republcans have blocked the following economic purposals:
- A private-public jobs bill (Reagan idea) that would have been fully paid for and added another 1 million jobs.
- Comprehensive corporate tax reform: this would have stopped rewarding businesses that ship jobs overseas.
- A minimum wage increase: this would have benefited 16 miilion low wage Americans by putting more money in their pockets, and the economy that is 70% based on consumer spending.