DEMOCRATS OR THE GOP: WHO WINS ON JOB CREATION?
...RNC Chair, Michael Steele
It was both interesting and astounding when the current chairman of the Republican National Committee (RNC), Michael Steele, was interviewed on CNBC by hosts Erin Burnett and Mark Haines. What was so unreal was when Mr. Steele actually had the "Cojones" to say out loud that, "George W. Bush created a lot of jobs during his 8 years in office."
Apparently, Mr. RNC Chairman doesn´t know that Dubya´s record on job creation was the "worst year-over-year output of any presidential administration since the government started keeping job-creation records".
Even President Gerald Ford stumbled through one single presidential term of economic stagnation and managed to create almost 2 million jobs. Dubya´s dad, George H.W. Bush, even created 2.5 million in his single, four-year term, and that was during a recession. And Bill Clinton created 23.1 million jobs.
On top of all that, Dubya's record doesn't take into account the continued job losses that occurred after he left office, which are largely attributable to an economic crisis that his administration precipitated.
When the CNBC hosts pressed Steele to present an alternative, all he could offer were the predictable Republican talking points like, "Don´t trust the government to get it done." When Burnett pressed him again, asking, "What specifically is the Republican Party offering?" Steele simply continued attacking President Obama, adding that we should "trust" job creators, like Wall Street and other entrepreneurs…..Right…..
Yes sir, we should trust those that almost took the whole country into bankruptcy.
Mr. Steele and the RNC never seem to disappoint me in providing bizarre situations and heaps of distorted quotes for more and more of my op-ed columns.
The reality is that since records of job creation have been kept, the number of jobs created in the private sector by Republican administrations has always been much less than those of the Democratic administrations.
As an example, since the single term of the GOP president, Herbert Hoover, who lost 6.4 Million jobs during his one presidential term, the subsequent Democratic administrations have added 73.3 million jobs versus 28.2 Million jobs for all of the Republican administrations since 1929.
In addition, if the US economy produces jobs over the next eight months at the same pace as it did over the past four months, the Obama administration will have created "more jobs in 2010 alone than it did over the entire eight years of George W. Bush´s presidency".
Here is the actual GAO record of jobs created beginning with President Herbert Hoover:
Herbert Hoover R 1929-1933 -6.4 Mil
Franklin Roosevelt D 1933-1937 +5.5 Mil
Franklin Roosevelt D 1937-1941 +3.3 Mil
Franklin Roosevelt D 1941-1945 +7.4 Mil
Roosevelt/Truman D 1945-1949 +2.8 Mil
Harry Truman D 1949-1953 +5.5 Mil
Dwight Eisenhower R 1953-1957 +2.7 Mil
Dwight Eisenhower R 1957-1961 +0.8 Mil
Kennedy/Johnson D 1961-1965 +5.9 Mil
Lyndon Johnson D 1965-1969 +9.9 Mil
Richard Nixon R 1969-1973 +6.2 Mil
Nixon/Ford R 1973-1977 +5.1 Mil
Jimmy Carter D 1977-1981 +10.3 Mil
Ronald Reagan R 1981-1985 +5.3 Mil
Ronald Reagan R 1985-1989 +10.8 Mil
George H. W. Bush R 1989-1993 +2.6 Mil
Bill Clinton D 1993-1997 +11.5 Mil
Bill Clinton D 1997-2001 +11.2 Mil
George W. Bush R 2001-2005 +0.01 Mil
George W. Bush R 2005-2009 +1.1 Mil
Barack Obama D 2009- TBD
I once again, rest my case.
Copyright G.Ater 2010
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