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From the presidencies of Harry Truman to that of George W. Bush there have nearly been more jobs created per year under Democratic presidents.
http://blogs.wsj.com/economics/2009/01/09/bush-on-jobs-the-worst-track-record-on-record/
I wonder if the deep thinkers on the right can explain why that is true.
From the presidencies of Harry Truman to that of George W. Bush there have nearly been more jobs created per year under Democratic presidents.
http://blogs.wsj.com/economics/2009/01/09/bush-on-jobs-the-worst-track-record-on-record/
I wonder if the deep thinkers on the right can explain why that is true.
The exact usefulness of these numbers is debated. On the one hand, they include only nonfarm payroll employment, which excludes certain types of jobs, notably the self-employed. However, as a semi-balancing factor, they count one person with two jobs as two employed persons.
Additionally, for at least the first eight months of a President's term, he inherits a budget proposed and implemented by his predecessor (as well as an overall economy which may be in decline or recovery). The data in columns shown for September (in bold) correlate better with the federal fiscal year starting each October, showing the impact of a given president and resulting federal budget on the job count.
Moreover, according to the United States Constitution, the United States Congress is responsible for government spending and thus, regardless of Presidential advocacy, bears constitutional responsibility for such things as spending and tax policy that have enormous effects upon the economy. Furthermore, it is debatable how much effect any President realistically could have on a system as large, diverse, and complex as the U.S. economy. Nevertheless, the nonfarm payrolls number is the one most frequently used in the media and by economists, largely because the alternative (household survey numbers) is thought to drastically overestimate employment.
Another factor to consider is population growth, which provides opportunities for the creation of jobs, rendering these figures less impressive, or in the case of the already subpar, clearly insufficient.
The Heritage Foundation has pointed to Alan Greenspan's general economic optimism (in 2004) as support for household survey numbers over payroll numbers. However, the subsequent downturn, and Greenspan's admission of having been wrong, may have discredited that view.
Wiki
Three things that you do not take into consideration.
Democrats engage in spending wastefully as I already pointed out to you and then Republicans inherit the mess and clean it up, only because they are not spendthrifts, the Democrats come into office benefitting from the new paradigm, which they immediately take a wrecking ball to, rinse, lather, repeat.
You also need to take in account who controls the House.
It is a post hoc ergo propter hoc fallacy.
You cannot explain anything theory-wise, all you can do is cherry-pick. Give us some actual Science like we do for you.
Let's just start with the largest implied fallacy of that article, that being that a president, any president is the source of all job creation. Or, as you have pointed out, government (the congress) is responsible.
The article also does nothing to explain how those numbers came about. Did they come about as the result of positive interference in the markets as a result of government actions or did they come about as a result of the government reducing its interference in the markets?
The discussion of results without any discussion of causation is pointless.
Ishmael
From the presidencies of Harry Truman to that of George W. Bush there have nearly been more jobs created per year under Democratic presidents.
http://blogs.wsj.com/economics/2009/01/09/bush-on-jobs-the-worst-track-record-on-record/
I wonder if the deep thinkers on the right can explain why that is true.
I really wanted to get into that one, but it was time to get Princess off to school, so I had to go fast'n furious...
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W inherited the CLITMAN recession AND the CLITMAN 9/11 terror attacks
If you look at the Obama numbers, they look great, but they came from deflated numbers due to a crash that the previous President attempted to stave off, but was defeated by the other party who reaped the political reward for their malfeasance.
Additionally, there's no metric there to define if he added on full-time well-paying jobs or part-time, low end jobs and temp jobs thanks to the uncertainty he introduced into government...
If you look at the Obama numbers, they look great, but they came form deflated numbers due to a crash that the Previous President attempted to stave off, but was defeated by the other party who reaped the political reward for their malfeasance. Additionally, there's no metric there to define if he added on full-time well-paying jobs or part-time, low end jobs and temp jobs thanks to the uncertainty he introduced into government...
... when it comes to Mrs. Warren and Mr. Obama's "you didn't build that" speeches, history can tear that down, and their history is only going back a certain amount of years when it fits what they want to do. If you were to go back just a little bit further in history, there were roads before there were automobiles. These roads were generally graded by the people. Farming is an industry. My grandfather was a farmer. He graded the roads he needed to get to market.
Schools at that time were one room schoolhouses. The landowners in a four-mile section were the ones that built the school, they hired the schoolteacher to educate their children. They picked the curriculum. It wasn't until the government stepped in and said, "You're not going to do that anymore. We know better than you, and all students are gonna go by our state curriculum," and took them schools away. These are the schools that educated the greatest generation. There was industry then and the government wasn't involved in any of the aspects, including fire. On our farm, we still have a fire tank. We haven't used it in years because we have a volunteer fire department that has better equipment now, but back in the day, each farmer had one of these tanks. When the fire whistle went off, he threw the tank in the back of his pickup, he filled it full of water, and he went to the fire. Government wasn't involved in this.
Brett *******, Fairbank, Iowa
From the presidencies of Harry Truman to that of George W. Bush there have nearly been more jobs created per year under Democratic presidents.
http://blogs.wsj.com/economics/2009/01/09/bush-on-jobs-the-worst-track-record-on-record/
I wonder if the deep thinkers on the right can explain why that is true.
Let me add, these farmers and their towns grew up on the railheads and the roads they built led to the tracks.
The remnants of these towns litter the rural parts of America, for the great government enterprise, the building of the Interstate not only destroyed them, but rail as transportation. Now cars are viewed as the enemy of climate and we want government to rush in and somehow build commuter rail to compete with their Interstate system, which is a black hole of insatiable funding...
If you look at the Obama numbers, they look great, but they came from deflated numbers due to a crash that the previous President attempted to stave off, but was defeated by the other party who reaped the political reward for their malfeasance. Additionally, there's no metric there to define if he added on full-time well-paying jobs or part-time, low end jobs and temp jobs thanks to the uncertainty he introduced into government...