This is an update to the original commentary posted in PolitiDose dated 11/5/2010 concerning job creation. The update takes us through January 2021 when Trump ended his term in office. The job numbers cut through all the false claims by republicans that democratic administrations are job killers. In fact the opposite is true and the numbers tell the real story how democratic administrations out perform republican administrations by a wide margin. The bottom line shows job creation on the democratic watch is robust, while it is weak and anemic on the republican watch.
Herbert Hoover 1929-1933 4 years Jobs Lost 6.4 million
Franklin Roosevelt 1933-1945 12 years Jobs created 16.2 million
Roosevelt-Truman 1945-1953 8 years Jobs created 8.2 million
Dwight Eisenhower 1953-1961 8 years Jobs created 3.5 million
Kennedy-Johnson 1961-1969 8 years Jobs created 15.4 million
Nixon-Ford 1969-1977 8 years Jobs created 11.2 million
Jimmie Carter 1977-1981 4 years Jobs created 10.3 million
Ronald Reagan 1981-1989 8 years Jobs created 16.1 million
George H.W. Bush 1989-1993 4 years Jobs created 2.5 million
Bill Clinton 1993-2001 8 years Jobs created 22.7 million
George W. Bush 2001-2008 8 years Jobs created 1.1 million
Barrack Obama 2009- 2017 8 years Jobs created 11.5 million
Donald Trump 2017-2021 4 years Jobs lost 2.7 million
The numbers above show that democratic administrations served 48 years and republicans served 44 years. Democratic administrations created 84.3 million net new jobs while republican administrations created a total of 25.3 million net new jobs (34.4 million minus 9.1 million lost jobs). The average yearly jobs created under the democrats was 1,756,250 millions per year while the yearly average under the republicans was 575,000 thousands per year. The record is clear how democratic administrations did much better by a wide margin than republican administrations and that no democratic administration during that 92 year period lost jobs.
And today, with President Biden in office less than a month the republicans in congress are trying to paint the President's agenda as a jobs killer. They have no shame after America lost over 2.7 million jobs on their watch the last 4 years and a terrible history of job creation. The republican ideology and extremism, along with their tax cuts that favor the wealthy and Corporations are the job killers. And the job creation record of the last three republican Presidents are down right pitiful. So the next time you hear republicans say democratic administrations are job killers just have a good laugh. The facts tell the story and the case is closed.
Note: Job numbers are taken from Wikipedia, U.S. Labor Department reports and other internet sources. All three come up with different numbers from time to time but are so close do not change the totals to affect the out come of the above report.
This commentary written by Joe Lorio
