...growth and business? A common argument I hear from Republicans is that their policies are better for business, job growth, and the economy. I just want to know how Republicans can explain these facts:
From Harding In 1921 to Bush in 2003, Democrats held the White House for 40 years, and Republicans for 42.5 years. During this time:
1. Democrats created 75,820,000 net new jobs and Republicans 36,440,000.
2. Per Year Average : Democrats = 1,825,200 new jobs vs. Republicans = 856,400 new jobs.
3. There was either a depression or a recession during the administrations of 6 of the 9 Republican presidents.
4. The DOW grew by 52% more under Democrats, and
5. The GDP grew by 26.4% more under Democrats.
This is a list of job growth in percentages in years for our previous 8 presidents:
Johnson (D) 3.8% in 5
Carter (D) 3.1% in 4
Clinton (D) 2.4% in 8
Kennedy (D) 2.3% in 3
Nixon (R) 2.3% in 5
Reagan (R) 2.1% in 8
Ford (R) 1.1% in 3
Bush-I (R) 0.6% in 4
from the beareau of labor stats
Sources :
Bureau of Labor Statistics (BLS.Gov)
-- Economic Policy Institute (EPI.org)
Global & World Almanacs from 1980 to 2003
National Archives History on Presidents. http://www.nara.gov
*crickets chirping*
I guess Republicans are desperately writing to Hannity and Limbaugh for an answer.
From Harding In 1921 to Bush in 2003, Democrats held the White House for 40 years, and Republicans for 42.5 years. During this time:
1. Democrats created 75,820,000 net new jobs and Republicans 36,440,000.
2. Per Year Average : Democrats = 1,825,200 new jobs vs. Republicans = 856,400 new jobs.
3. There was either a depression or a recession during the administrations of 6 of the 9 Republican presidents.
4. The DOW grew by 52% more under Democrats, and
5. The GDP grew by 26.4% more under Democrats.
This is a list of job growth in percentages in years for our previous 8 presidents:
Johnson (D) 3.8% in 5
Carter (D) 3.1% in 4
Clinton (D) 2.4% in 8
Kennedy (D) 2.3% in 3
Nixon (R) 2.3% in 5
Reagan (R) 2.1% in 8
Ford (R) 1.1% in 3
Bush-I (R) 0.6% in 4
from the beareau of labor stats
Sources :
Bureau of Labor Statistics (BLS.Gov)
-- Economic Policy Institute (EPI.org)
Global & World Almanacs from 1980 to 2003
National Archives History on Presidents. http://www.nara.gov
*crickets chirping*
I guess Republicans are desperately writing to Hannity and Limbaugh for an answer.