Former U.S. President Bill Clinton highlighted a stunning fact during his speech at the Democratic National Convention on Wednesday: Democratic presidents have overseen the creation of nearly twice as many jobs as Republican presidents since 1961.
"What's the job score? Republicans, 24 million; Democrats, 42 [million]," Clinton said to cheers and applause.
Democrats sure know how to create jobs, if recent history is any indication.
Since John F. Kennedy was elected president in 1961, job growth under Democratic presidents has outnumbered that under Republicans by a nearly 2-to-1 margin, according to a Bloomberg Government analysis. During that period, non-government payrolls grew by almost 42 million jobs under Democratic presidents, compared to 24 million when a Republican party member was in power .
The BGOV Barometer shows that since Democrat John F. Kennedy took office in January 1961, non-government payrolls in the U.S. swelled by almost 42 million jobs under Democrats, compared with 24 million for Republican presidents, according to Labor Department figures.
Democrats hold the edge though they occupied the Oval Office for 23 years since Kennedy’s inauguration, compared with 28 for the Republicans. Through April, Democratic presidents accounted for an average of 150,000 additional private-sector paychecks per month over that period, more than double the 71,000 average for Republicans.
On the Republican convention stage tonight, you're going to see a really large clock. But the clock isn't for keeping time. The idea isn't to stop speakers from going over their allotted time, or the convention from running late. It's a debt clock. And the idea is to blame President Obama and the Democrats for the national debt.
But in doing so, the Republicans will end up blaming Obama for the policies they pushed in the Bush years, and the recession that began on a Republican president’s watch, and a continuation of tax cuts that they supported. They’ll have to. Because if they took all that off the debt clock, there wouldn’t be much debt there to blame him for at all.
Originally posted by buster2010
Bill Clinton Is Right: The Economy Really Does Do Better Under Democrats
Clinton pointed out that under Democratic presidents since 1961, the economy has added 42 million private-sector jobs, while under Republicans it has added just 24 million. He used the same concept to argue that President Obama has outscored both congressional Republicans and his GOP presidential opponent, Mitt Romney, in terms of creating jobs. Clinton has some intriguing facts on his side. Aside from a rounding error, his historical numbers are accurate (figures from the Bureau of Labor Statistics show that the tally under Democrats since 1961 rounds to 41 million, not 42 million). I crunched the numbers a few different ways to see if Clinton was cherry-picking the best numbers. His figures measure job gains from the month a president took office until the month he left. Since it takes a year or so for any president's policies to go into effect, I also measured job gains from one year after each president took office till one year after he left. Here's the score by that measure: Democrats: 38 million new jobs, Republicans, 27 million.
No wonder the GOP hates fact checking. It shows how much they fail at their jobs small wonder why they always scream Reagan created 16 million jobs.
If we didn’t have all that? If there’d been no Bush tax cuts, no wars, no financial crisis and everything else had been the same? Debt would be between 20 and 30 percent of GDP today, rather than almost 100 percent.
Originally posted by jjkenobi
I can't argue with the numbers. Unfortunately the numbers don't add up for Obama. It would appear he isn't cut from the same mold as previous Democratic Presidents. Clinton got things accomplished working with a Republican House so stuff that excuse. Obama is just clueless. We need to vote him out so he can spend the whole week on the golf course instead of just every weekend.
Originally posted by wardk28
See this is exactly what I'm talking about. People are still stuck on stupid. There is no difference between Repubs and Demos and why would anyone cheerlead for either side blows my mind. You guys sound like that team crap from Twilight. The country is burning ladies and gentlemen and superman doesn't have a R or a D on his chest.
That ideal, that what he does is reflected as a policy for the United States government has Superman say that he will be renouncing his U.S. citizenship at the United Nations. Superman will in effect become a man of all nations, an icon that every one who looks up to the messages of peace and protection can embrace as their own.
Originally posted by AwakeinNM
Originally posted by wascurious
Originally posted by AwakeinNM
Same with republican administrations where policies were enacted, then the democrat gets elected - he takes all the credit for the results of the Republican efforts.
Taking this into consideration, it is likely that the opposite is true - democrats have done more to destroy jobs and republicans have done more to create jobs.
Taking your factless example of an idea you have based on so far what seems to be nothing into consideration? Why would you.
Your response is typical lefty propaganda - forcing someone to "prove" something that doesn't need proving. If you have a brain in your skull you will know what I am talking about. The people with brains DO know what I am talking about, so I will disregard your response.
Originally posted by crazyguy2012
reply to post by buster2010
I agree with you. Yet I disagree at the same time. The economy is a complicated BEAST... Something that happened in the 80s can seem to have no effect at the time yet years later have an enormous impact. The problem with economists and economics is that it is not a science. There are no written rules. There is no way to predict the future and future events. Good businessmen can predict that a product will be desirable. The balance between politics and business is a strange and complicated equation. I do not believe we have come to even having a basic understanding of this yet. Businesses are about making money. The government should be about protecting people. It is a difficult tightrope to balance upon. Yet I still have no idea what I am saying here... LMAO