Monday, May 19, 2003

How Does George W. Bush Compare with Other Presidents on Job Creation? - BuzzFlash Reader Commentary

How Does George W. Bush Compare with Other Presidents on Job Creation?

A BUZZFLASH READER COMMENTARY
by Rick Gilmore

Presidental Term and Jobs created per month:

Truman 1: 60,000
Truman 2: 113,000
Eisenhower 1: 58,000
Eisenhower 2: 15,000
Kennedy: 122,000
Johnson: 206,000
Nixon 1: 129,000
Nixon/Ford: 105,000
Carter: 218,000
Reagan 1: 109,000
Reagan 2: 224,000
G. Bush: 52,000
Clinton 1: 242,000
Clinton 2: 235,000
G.W. Bush: 69,000 jobs DESTROYED per month

- Since Bush signed the biggest tax cut in American history in June of 2001, more then 1.7 million jobs have been destroyed in the economy.

- Even if Bush's new tax cut does create 1 million new jobs by the end of 2004, as he claims, his presidency will still have destroyed nearly 3 million jobs.

- Bush is about to become the first president since Herbert Hoover to preside over a 4-year economy that destroyed jobs.

- The only two Republican presidents to fail in reelection bids were named Hoover and Bush.

Average Monthly Job Creation Since Truman:

Democrat Presidents: 171,000 jobs created per month
Republican Presidents: 78,000 jobs created per month

Rick Gilmore

A BUZZFLASH READER COMMENTARY