Tuesday, March 31, 2009

So President Bush comes in dead last in job creation, even falling behind his dad's dismal record.

Beat the Press Archive | The American Prospect

Bush Was Riding High on Claims of Solid Job Growth

That is what the NYT says, although it's not clear what they meant. Job growth has actually been pretty bad through most of President Bush's time in office, so what does it mean that he was riding high on claims of solid job growth?

Here's the rate of job growth for the administrations since 1960:

Kennedy-Johnson 3.27%
Nixon-Ford 4.93%
Carter 3.06%
Reagan 2.06%
Bush I 0.60%
Clinton 2.38%
Bush II 0.59%

So President Bush comes in dead last in job creation, even falling behind his dad's dismal record. So, is the NYT pulling our leg when they say he was riding high? Are they making reference to the use of illicit substances? Or is this just a really badly informed article?

--Dean Baker

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