Politics and Money

[lmcat]

Job Creation: Bush vs. Obama

During the Bush presidency, net total employment went up by 1.08 million jobs. So far, during the Obama presidency, total employment has been reduced by 3.3 million jobs.

Under Bush, private employment shrank by 673,000 jobs, federal employment grew by 50,000 jobs, and government employment grew by 1,753,000 jobs.

Under Obama, the private sector has shed some 2.9 million jobs while the federal government has grown by 40,000 (after growing massively, the federal workforce shrank throughout the summer). Total government jobs, however, shrank by 357,000 jobs, mainly because of cuts at the state and local levels.

DumbO said his "stimulus" plan would keep unemployment below 8%.

So either Dumbo didn't know what he was talking about or he lied!


http://www.nationalreview.com/corner/249516/job-creation-bush-vs-obama-veronique-de-rugy