Which political party gets credit for more job creation?

[rightwinger]

And don't forget Bill Clinton's stellar economic record.

24 million jobs!

 

[The Banker]

Now as almost all complicated issues... this requires just a little reading so I've highlighted in color what happened which WAS NOT Bush's fault!
Obama brought the housing bubble through his 1995 Lawsuit against Citibank which really dumb people like you either are unaware or ignore but either way this caused the collapse of 2008 as a Democrat

Obviously you never heard of the Citibank lawsuit of 1995 and according to a key DEMOCRAT leader, who said:
"it was a great mistake to push lower-income people into housing they couldn't afford and couldn't really handle once they had it
NOW since YOUR responses generally have NO substantiation but GUESSES by you and exaggeration by you here are the FACTS about the housing bubble!
President Barack Obama was a pioneering contributor to the national subprime real estate bubble, and roughly half of the 186 African-American clients in his landmark 1995 mortgage discrimination lawsuit against Citibank have since gone bankrupt or received foreclosure notices. As few as 19 of those 186 clients still own homes with clean credit ratings, following a decade in which Obama and other progressives pushed banks to provide mortgages to poor African Americans.

With landmark lawsuit, Barack Obama pushed banks to give subprime loans to Chicago’s African-Americans

President Barack Obama was a pioneering contributor to the national subprime real estate bubble.

dailycaller.com

"Redlining," the activists argued, was the antithesis of the American dream of owning a home. Moreover, they insisted, everyone had the "right" to own a home. So the banks were forced to issue loans to people who couldn't afford to pay them back. The banking system was forced to inflate a housing bubble that set us up for a near-catastrophic economic collapse.
As the Daily Caller relates, "Obama's lawsuit was one element of a national 'anti-redlining' campaign led by Chicago's progressive groups, who argued that banks unfairly refused to lend money to people living within so-called 'red lines' around African-American communities."

That settlement was only the tip of the iceberg.
When Citibank, in April 1998, sought federal approval for a merger with Travelers Group, it only got OK from the Clinton administration progressives after it promised in May to provide $115 billion for anti-redlining loans. Anti-redlining promises made by other financial institutions added up to $600 billion between 1993 and 1998, according to a 2000 Treasury Department report.
It was the progressive dreams of Barack Obama that would crash the nation's economy in 2008, wipe out at least $4 trillion in equity and help keep the unemployment rate above 8% for four years.
As president, Obama would blame his predecessor, George W. Bush, and Wall Street. But before the housing market finally collapsed, it was a young lawyer named Barack Obama who helped put the wrecking ball in motion

Subprime Bubble: Obama 'Vampire Socialism' Built It

Housing Crisis: Previously unpublished court documents reveal that as a young lawyer from Chicago, President Obama's lawsuit against big banks started inflating the housing bubble that created the mess he... Read More

www.investors.com

NOW here is an important politician during this time WHO NOW SAYS IT WAS A MISTAKE!!!
For years, Barney Frank (Frank served as chairman of the House Financial Services Committee from 2007 to 2011 and was a leading co-sponsor of the 2010 Dodd–Frank Act.) was a staunch supporter of Fannie Mae and Freddie Mac, the giant government housing agencies that played such an enormous role in the financial meltdown that thrust the economy into the Great Recession.
But in a recent CNBC interview, Frank told me that he was ready to say goodbye to Fannie and Freddie.
"I hope by next year we'll have abolished Fannie and Freddie," he said. Remarkable. And he went on to say that
"it was a great mistake to push lower-income people into housing they couldn't afford and couldn't really handle once they had it." He then added, "I had been too sanguine about Fannie and Freddie."

Barney Frank Comes Home to the Facts | RealClearPolitics

Can you teach an old dog new tricks? In politics, the answer is usually no. Most elected officials cling to their ideological biases, despite the real-world facts that disprove their theories time...

www.realclearpolitics.com

Excuses.
Thats all republicans have in life.
Excuses for repeated failure.

Bush and the GOP inherited a balanced budget, then they passed massive spending bills and started 2 wars they couldn't win. Then they blew uop the economy

Bush and the republicans did that, and they only have themselves to blame.

The republicans have been a total failure for the past 100 years, 11 if the last 12 recessions all under failed GOP. every republican has had a recesion for the past 100 years. Only 1 dem had a recession in that same time.

"You are what your record says you are"
Bill Parcells

 

[Failzero]

Hoover was not a Dixiecrat

FDR placated then his entire time in the WH

 

[The Banker]

And don't forget Bill Clinton's stellar economic record.

Bush and Trump set record for debt deficit and economic destruction

Bill Clinton set the record for the best economy and Biden has set the record for the best labor market in US history.

The failed GOP set records for failure, the Dems set records for success, and that defines the 2 parties.

 

[Faun]

3 years of Biden and we are just now getting back to the employment numbers we had pre covid... kind of slow on the recovery just like Obama was....

LOLOL

To the brain-dead, 13 million jobs added in 2½ years is too slow.

Funny how rightards commonly bitch that it takes Democrats too long to clean up Republican messes.

 

[HikerGuy83]

Let’s see….


Bush 41: 1.9 million jobs
Clinton: 23.5 million jobs
Bush 43: 1.3 million jobs
Obama: 11.5 million jobs
Trump: MINUS 3 million jobs
Biden: 13 million jobs

Do I see a trend?

Last 3 Republicans: gained 200,000 jobs
Last 3 Democrats: gained 48 million jobs

Yes, you see the trend you want to see.

Of course, it's morons like you that make the comment about lies and statistics so true.

March on. You are doing a great job.

 

[Rambunctious]

LOLOL

To the brain-dead, 13 million jobs added in 2½ years is too slow.

Funny how rightards commonly bitch that it takes Democrats too long to clean up Republican messes.

We are finally back where we were pre covid... sure took Joe a long time to get us there... and prices are still too high... man the grocery store prices are ridiculous....

 

[rightwinger]

Yes, you see the trend you want to see.

Of course, it's morons like you that make the comment about lies and statistics so true.

March on. You are doing a great job.

What other conclusion can you draw than

Dems jobs created……48 million
Republican jobs created…..200,000


I know…I know
Republicans were Cheated!
Fake News

 

[Stormy Daniels]

According to statistics and the biased MSM the Democratic party takes credit for more job creations than the GOP.
The reason for that though is perception and not the facts.

Look at the below chart and the highest of the 15 presidents is Biden at 4.3% (CAGR)
The compound annual growth rate (CAGR) is the rate of return (RoR) that would be required for an investment to grow from its beginning balance to its ending
balance, assuming the profits were reinvested at the end of each period of the investment's life span.
NOTE this would then if applied to the previous Presidents MIGHT change Biden's first place!
And at first blush.. Everyone of the Democrat presidents' % change in employment is HIGHER than GOP!
At first blush then the question is: are the Democrats better at creating JOBS?
The consideration is reality again, not perception and here is why!
Which party in power would raise taxes? Answer Democrats. The exception was Kennedy but look at LBJ at 3.80% is the highest before Biden!
Why Kennedy lowered taxes according to Kennedy..
"Kennedy disagreed, arguing that “a rising tide lifts all boats” and that strong economic growth would not continue without lower taxes."

John F. Kennedy on the Economy and Taxes

The president decided that only a bold domestic program, including tax cuts, would restore his political momentum. Declaring that the absence of recession is not tantamount to economic growth, the president proposed in 1963 to cut income taxes from a range of 20-91% to 14-65% He also proposed a...

www.jfklibrary.org

As a result when GOP presidents cut taxes as almost all have done, the AFFECT is not felt for at least 2 to 3 years later!
Consequently then when Democrat president takes over the economy is growing from the GOP's efforts.
The below facts then show that in almost all cases Democrats take credit for increased employment BECAUSE employers know their taxes will be reduced so they higher more people! Hence the Democrat administration LIKE Biden falsely takes credit!
Bottom line is what Kennedy said: a rising tide lifts all boats
The phrase is commonly attributed to John F. Kennedy, who used it in a 1963 speech A rising tide lifts all boats - Wikipedia.

View attachment 800981

The very odd placement and pattern of line breaks in your post suggests it's nothing more than a copy-paste.

 

[rightwinger]

The very odd placement and pattern of line breaks in your post suggests it's nothing more than a copy-paste.

OP draws the odd conclusion that somehow cutting taxes results in more jobs.

History has shown that when taxes are cut, the wealthy just keep the extra profit

 

[healthmyths]

Excuses.
Thats all republicans have in life.
Excuses for repeated failure.

Bush and the GOP inherited a balanced budget, then they passed massive spending bills and started 2 wars they couldn't win. Then they blew uop the economy

Bush and the republicans did that, and they only have themselves to blame.

The republicans have been a total failure for the past 100 years, 11 if the last 12 recessions all under failed GOP. every republican has had a recesion for the past 100 years. Only 1 dem had a recession in that same time.

"You are what your record says you are"
Bill Parcells

And the BIG difference between your above post... IS all your opinion! NOT one single FACT!!!
How about THESE FACTS!!!

BY a Democrat!!!
For years, Barney Frank (Frank served as chairman of the House Financial Services Committee from 2007 to 2011 and was a leading co-sponsor of the 2010 Dodd–Frank Act.) was a staunch supporter of Fannie Mae and Freddie Mac, the giant government housing agencies that played such an enormous role in the financial meltdown that thrust the economy into the Great Recession.
But in a recent CNBC interview, Frank told me that he was ready to say goodbye to Fannie and Freddie.
"I hope by next year we'll have abolished Fannie and Freddie," he said. Remarkable. And he went on to say that
"it was a great mistake to push lower-income people into housing they couldn't afford and couldn't really handle once they had it." He then added, "I had been too sanguine about Fannie and Freddie."

Barney Frank Comes Home to the Facts | RealClearPolitics

Can you teach an old dog new tricks? In politics, the answer is usually no. Most elected officials cling to their ideological biases, despite the real-world facts that disprove their theories time...

www.realclearpolitics.com

And who pushed this?? The Democrats!
DUMMY where are YOUR FACTS???
Are the Clintons the real housing crash villains?
PUBLISHED SAT, MAY 28 201612:50 AM EDTUPDATED SAT, MAY 28 20169:06 AM EDT
What's more, in the Clinton push to issue home loans to lower income borrowers, Fannie Mae and Freddie Mac made a common practice to virtually end credit documentation, low credit scores were disregarded, and income and job history was also thrown aside. The phrase “subprime” became commonplace

Are the Clintons the real housing crash villains?

Before Hillary rewrites history, let's look at how the Clintons contributed to the Great Recession, write Larry Kudlow and Stephen Moore.

www.cnbc.com

 

[healthmyths]

The very odd placement and pattern of line breaks in your post suggests it's nothing more than a copy-paste.

Substantiation: /səbˌstænʃiˈeɪʃn/ [uncountable] (formal) information or evidence that proves that something is true.

OH you f....king dummy OF course it's copy and paste! That's what substantiation means! YOU idiots put your stupid UNINFORMED opinions with
NO Copy and paste! FACTS not guesses...GEEZ how pathetic!

 

[healthmyths]

OP draws the odd conclusion that somehow cutting taxes results in more jobs.

History has shown that when taxes are cut, the wealthy just keep the extra profit

You are so f...king STUPID! You have evidently only worked for someone and NEVER EVER done anything to manage a business!
How dumb are you!
I bet if some one gave you $100,000 you'd bury it in the back yard or hid under your mattress? RIGHT???
Because dummies like you never ever had to cover a payroll. Or other expenses.
OH yea cut a business taxes and the owners bury the addition $$ in back yard or under their mattress! RIGHT!!
You dummy! When businesses have lower taxes they general take a profit, buy more equipment, build more space, HIRE MORE PEOPLE YOU f...king dummy! AND so what if they keep a portion as "profit"... and so what if they buy a yacht!!!
I did work for a yacht manufacturer and believe you me we all workers were happy to have those tax cuts come to us in more yacht sales.
But dummies like you have NO idea!
HERE is a FACT:
Follow the link and LEARN that there was a record tax revenue after Trump's tax cuts!!
But dummies like you have no idea!!
Corporations have brought back more than $1 trillion of overseas profits to the U.S. since Congress overhauled the international tax system and prodded companies to repatriate offshore funds, a Thursday report showed.
Investment banks and think tanks have estimated that U.S. corporations held $1.5 trillion to $2.5 trillion in offshore cash at the time the law was enacted. Before the overhaul, companies had an incentive to keep profits overseas because they owed a 35% tax when bringing it back and could defer payment by keeping funds offshore. The law set a one-time 15.5% tax rate on cash and 8% on non-cash or illiquid assets.

U.S. companies have repatriated $1 trillion since tax overhaul

That's still short of the $4 trillion in overseas profits that President Trump would return as a result of the 2017 tax law.

www.latimes.com

NOW you idiot how much in federal tax revenue came in because of that?? You dummy!
Or How do you think $1 trillion came back to the USA paying over $340 Billion in tax revenue unless TRUMP signed the executive orders?
These changes could bring in as much as $340 billion between 2018 and 2027 in tax revenue.

Repatriation: Definition, With Currency Exchange and Example

Repatriation refers to converting any foreign currency into a country's local currency.

www.investopedia.com

 

[initforme]

We currently have a labor surplus. Big time.

 

[whitehall]

FDR took over with a crashed Stock Market and 25 percent unemployment

Another example of a Democrat rescuing a failed Republican economy

How many terms do you get before you go down in history as a racist failure? FDR lucked out in his unprecedented 3rd term with a global conflagration that killed off the best and brightest of a generation and he screwed that up too.

 

[The Banker]

And the BIG difference between your above post... IS all your opinion! NOT one single FACT!!!
How about THESE FACTS!!!

BY a Democrat!!!
For years, Barney Frank (Frank served as chairman of the House Financial Services Committee from 2007 to 2011 and was a leading co-sponsor of the 2010 Dodd–Frank Act.) was a staunch supporter of Fannie Mae and Freddie Mac, the giant government housing agencies that played such an enormous role in the financial meltdown that thrust the economy into the Great Recession.
But in a recent CNBC interview, Frank told me that he was ready to say goodbye to Fannie and Freddie.
"I hope by next year we'll have abolished Fannie and Freddie," he said. Remarkable. And he went on to say that
"it was a great mistake to push lower-income people into housing they couldn't afford and couldn't really handle once they had it." He then added, "I had been too sanguine about Fannie and Freddie."

Barney Frank Comes Home to the Facts | RealClearPolitics

Can you teach an old dog new tricks? In politics, the answer is usually no. Most elected officials cling to their ideological biases, despite the real-world facts that disprove their theories time...

www.realclearpolitics.com

And who pushed this?? The Democrats!
DUMMY where are YOUR FACTS???
Are the Clintons the real housing crash villains?
PUBLISHED SAT, MAY 28 201612:50 AM EDTUPDATED SAT, MAY 28 20169:06 AM EDT
What's more, in the Clinton push to issue home loans to lower income borrowers, Fannie Mae and Freddie Mac made a common practice to virtually end credit documentation, low credit scores were disregarded, and income and job history was also thrown aside. The phrase “subprime” became commonplace

Are the Clintons the real housing crash villains?

Before Hillary rewrites history, let's look at how the Clintons contributed to the Great Recession, write Larry Kudlow and Stephen Moore.

www.cnbc.com

Everything I posted was cold hard provable fact

Bush inherited a balanced Budget in 2000
Bush and the GOP then passed multi-year multi-trillion dollar spending bills and tax cuts that benefitted the rich (go look it up moron), Bush also started 2 wars and totally fucked those wars up, then Bush and the GOP blew up the economy viciously in a massive blow up, a wolrd record blow up.

All you did was post excuses and lies trying to blame Clinton for Bush's failed presidency. Bush ran the country for 7 years, then he blew up the country. Bush and the GOP are most responsible, and it is typical pussy GOP crybaby shit to blame the dems. But its just like the fake election fraud pussy shit.

Republicans are the joke of the world, they blame everybody else for their fuck ups, whether its Bush's failed presidency, Bush's failed wars, Trump's failed presidency, or Trump's loss to Biden, its all bull shit excuses from you weaklings.

But never any success. Republicans never have any great success at all.

 

[initforme]

We have a labor surplus now. Wages are suppressed because of it.

 

[rightwinger]

How many terms do you get before you go down in history as a racist failure? FDR lucked out in his unprecedented 3rd term with a global conflagration that killed off the best and brightest of a generation and he screwed that up too.

Lets see…

FDR rescued the US from the Republican Depression
Then he rescued the World from the Nazis and Japanese

 

[Stormy Daniels]

We have a labor surplus now. Wages are suppressed because of it.

I see someone failed econ 101.

 

[Faun]

YES there is a TREND but as usual YOU missed the point!
It takes easily 2 years or more for a tax cut to have an effect!
Once a Democrat takes office and then raises taxes the effect is felt a couple of years later.
HENCE businesses cut employees!
With your short attention span you don't comprehend it!
Your ignorance as to how taxes, businesses and employment TAKE years to take EFFECT is obvious!
Like most people with your intelligence and age apparent ignorance you think everything happens IMMEDIATELY!
How naive!

You're deranged. That's the only explanation for your post.

Nixon/Ford did not lower taxes, yet with a top bracket at 70% and a population ⅓ what it is now, Carter added 10 million jobs in 4 years. That's better than Reagan who added 16 million in 8 years. Clearly, that had nothing to do with tax cuts.

Reagan cut taxes in '87 & '88. A couple of years later we had a recession and GHW Bush added a measly 2½ million jobs. Republicans cutting taxes didn't grow jobs there.

GHW Bush raised taxes, then Clinton raised them more. 23 million jobs added under Clinton. Again, not due to Republicans cutting taxes but following 2 tax hikes.

Bush cut taxes in 2001, 2002, 2003. Even ignoring the jobs he lost due to the Great Recession, Bush added a paltry 5½ million. His tax cuts didn't help there; nor did they help Obama who added 16 million jobs in his last 7 years. 12 million of them coming after Obama raised taxes. Yet again, no benefit from a Republican cutting taxes.

Then Trump added 6½ million jobs in his first 3 years. According to you, that was still from Obama's tax cuts. Most of the jobs lost or gained since have more to do with covid than the tax rate.

In summary, you're nuts.