“Today’s jobs report provides evidence that the policies of the Democratic-led Congress are helping to create jobs and revitalize our economy – adding more jobs in 2010 than President Bush did over eight years. With so many Americans still looking for work, now is not the time to reverse course.”
Of course Republicans were outraged! Of course there’s no way that can be true!
Well, let’s review those troublesome things known as “facts.” From the Bureau of Labor Statistics:
Total nonfarm payroll employment increased by 103,000 in December. Employment rose in leisure and hospitality and in health care but changed little in other major industries. Since December 2009, total payroll employment has increased by 1.1 million, or an average of 94,000 per month. (See table B-1.)
OK – that gives us a starting point. Surely things were better during the Bush Administration. Right?
From February 2001, Bush’s first full month in office, through January 2009, his last, total U.S. nonfarm employment grew from 132.5 million to 133.5 million, according to the Bureau of Labor Statistics. That’s an increase, obviously, of just 1.0 million.
As some of us realize, 1.1 million is greater than 1.0 million. It looks like Pelosi is right!
Here is an excellent graphic about the incredibly anemic job growth during the Bush Administration, also known as the “Lost Decade” of the 2000s.
Note that job growth was anemic throughout the decade, in spite of the allegedly “stimulative” effect of two wars and huge deficit spending, and well before the onset of the Great Recession.
Before anyone accuses me of engaging in tiresome Bush-bashing, please understand that it is not my purpose at all. It’s not even my intention to praise Obama and the Democratic Congress for 2010’s disappointing job growth, impressive as it may be in comparison to the Bush years. No – I write this post because of the push-back and ridicule I see from “conservatives” who can’t handle this comparison. Their responses range from disbelief to anger to outright hostility.
And I write this post especially to mock this man:
Where are the jobs NOW, Mr. Speaker?