Most people think Carter was terrible on the economy and a good case can be made for that but Bush is even worse. Bush has told us that his tax cuts would create around 5.5 million new jobs but the actual results are less than one-tenth of that.
Let's compare Bush and Carter on private sector job creation.
(All data from www.bls.gov)
TOTAL PRIVATE EMPLOYMENT
SEASONALLY ADJUSTED
(IN THOUSANDS)
BUSH 2
JAN 2001 111560
JUL 2005 112004
NET == +444
CARTER
JAN 1977 65636
DEC 1980 74563
NET == + 8927
Wednesday, September 14, 2005
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