Sign up FAST! Login

Presidents don't create jobs.


Stashed in:

To save this post, select a stash from drop-down menu or type in a new one:

Henry Blodgett calls out Mitt Romney, who claims a vibrant economy should create 500k new jobs per month:

AVERAGE NUMBER OF JOBS CREATED PER MONTH BY THE BUSH ADMINISTRATION: 20,000

AVERAGE NUMBER OF JOBS CREATED PER MONTH BY THE BUSH ADMINISTRATION EXCLUDING THE DISASTROUS LAST YEAR: 65,000

NUMBER OF MONTHS IN THE BUSH ADMINISTRATION IN WHICH THERE WERE 500,000 OR MORE JOBS CREATED: 0.

(In fact, there were no months in the Bush Administration in which there were 400,000 jobs created).

Source: The BLS

So maybe the conclusion should be that Presidents aren't worth a jar of warm spit. In decent years these days, the economy creates about 130,000 jobs a month, regardless of who's in office.

Presidents don't create jobs. Anyone who says differently is running for office.

When it comes to the economy, I can't sum it up any better than Lewis Black.

He's so cynical. Things CAN get better, right?

Definitely. Collective action has never been easier than it is today. :)

You May Also Like: