Tuesday, April 20, 2010

ECONOMIC FACTS ARE STUBBORN THINGS

The wingers always claim the GOP Presidents are great for workers and I found these statistics from DukeStir on this POLITICO thread.
Job growth under Bush was worst since WWII
Jacksonville Business Journal - by G. Scott Thomas
Tuesday, January 20, 2009

President George W. Bush will leave office Tuesday with the worst employment-growth record of any president since World War II, according to a new analysis by Bizjournals.

The nation’s job base grew at an annual rate of 0.28 percent during Bush’s eight years as president – by far the slowest pace for any of the 11 presidents in the postwar era, according to Bizjournals. Bizjournals is the online media arm of American City Business Journals, The Business Review's parent company.

Annual employment-growth rates for all 11 postwar presidents are listed below:

Total employment

1. Lyndon Johnson (1963-69), 3.74%
2. Jimmy Carter (1977-81), 3.11%
3. Bill Clinton (1993-2001), 2.42%
4. Harry Truman (1945-53), 2.38%
5. Richard Nixon (1969-74), 2.30%
6. John Kennedy (1961-63), 2.28%
7. Ronald Reagan (1981-89), 2.04%
8. Gerald Ford (1974-77), 0.95%
9. Dwight Eisenhower (1953-61), 0.87%
10. George H.W. Bush (1989-93), 0.59%
11. George W. Bush (2001-09), 0.28%

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