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Old 09-06-2012, 08:07 AM   #1
'busa
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Bill Clinton: "Since 1961 Private sector jobs score: Republicans 24M, Democrats 42M"

Bill Clinton says Democratic presidents top Republican presidents in job creation



Are Democratic presidents better than Republican presidents at job creation? Former President Bill Clinton said so -- forcefully -- in his speech to the Democratic National Convention in Charlotte.

"Since 1961, for 52 years now, the Republicans have held the White House 28 years, the Democrats 24," Clinton said. "In those 52 years, our private economy produced 66 million private-sector jobs. So what's the jobs score? Republicans 24 million, Democrats 42 million." In the packed convention hall, it was one of the night's biggest applause lines.

In 2010, we checked a similar claim from Rep. Carolyn Maloney, D-N.Y., who said that Democratic presidents "have been considerably more effective at creating private-sector jobs." After crunching the numbers back to President Harry Truman, we found that jobs did indeed grow faster under Democratic presidents when adjusted for a president's years served in office. So we rated the claim True.

Clinton's claim at the convention was worded differently, so we quickly re-crunched the numbers based on his specifications.

Let's cut to the chase. According to the Bureau of Labor Statistics, here are the net increases in private-sector employment under each president, chronologically by party:

Republicans
Richard Nixon: Increase of 7.1 million jobs
: Increase of 1.3 million jobs
Ronald Reagan: Increase of 14.7 million jobs
George H.W. Bush: Increase of 1.5 million jobs
George W. Bush: Decline of 646,000 jobs

Total: Increase of 23.9 million jobs under Republican presidents

Democrats
John F. Kennedy: Increase of 2.7 million jobs
Lyndon B. Johnson: Increase of 9.5 million jobs
Jimmy Carter: Increase of 9.0 million jobs
Bill Clinton: Increase of 20.8 million jobs
Barack Obama: Increase of 332,000 jobs
Total: Increase of 42.3 million jobs.

So Clinton is right. But we'll bring up a few points worth noting.

This does not include government jobs

The combination of private-sector jobs and public-sector jobs is a broader measurement of job creation than private-sector alone. But excluding government jobs would presumably hurt Democrats more than Republicans, given the two parties' historical stances toward the role of government. The fact that Democrats finished so far ahead despite taking government jobs off the table makes it a more impressive accomplishment.
The Democrats didn't benefit from population growth

For our previous story, Brookings Institution economist Gary Burtless calculated that the U.S. working-age population actually grew slightly faster under Republican presidents, also making the Democratic accomplishment more impressive.

Presidents deserves less credit for the good times and less blame for the bad times

It's a truism of politics that when things go well, the president generally gets too much credit, and when things don't go well, the president usually gets too much blame. Shouldn't the Republican Congress of 1995-2001 get a share of the credit for Clinton's robust job growth? Shouldn't the Democratic House that served under Reagan? Most experts would say yes and yes.

Since we published our previous story, we have changed our policy: We now factor into our ratings whether the politician or party deserves credit or blame for the statistical trend being analyzed. In this item, though, we will not factor in credit or blame, because both parties have had presidents serve during the time we looked at, meaning that both parties would have benefited and suffered in roughly equal proportions.

It's unclear how much this finding says about our political and economic systems

Job creation for each president depended to a certain extent on timing, external factors and luck. And as Yale political scientist David Mayhew pointed out for our previous story, conclusions drawn from a relatively narrow data set -- in this case, just 12 postwar presidencies -- need to be taken with a grain of salt.

Our ruling

Clinton's figures check out, and they also mirror the broader results we came up with two years ago. Partisans are free to interpret these findings as they wish, but on the numbers, Clinton's right. We rate his claim True.
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Old 09-06-2012, 08:10 AM   #2
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Say it ain't so!
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Old 09-06-2012, 08:14 AM   #3
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All that matters at this point is the last 12 years, and both fronts are pretty sorry in their skills. Good for Clinton, and whatever aid they had compiling data, but what Kennedy and Johnson have done is of no practical use to the president now.
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Old 09-06-2012, 08:17 AM   #4
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All that matters at this point is the last 12 years, and both fronts are pretty sorry in their skills. Good for Clinton, and whatever aid they had compiling data, but what Kennedy and Johnson have done is of no practical use to the president now.
Someone needs to shut the fvck up about Ronald Reagan, then!
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Old 09-06-2012, 08:27 AM   #5
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Someone needs to shut the fvck up about Ronald Reagan, then!
Agreed.

I wish both sides would shut the fvck up about all the BS, and ass patting and really get down to true ideas to fix our country. It'll never happen, and we will be stuck with 4 more years of crap, or a new, brighter whiter crap.
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Old 09-06-2012, 08:32 AM   #6
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I would only reference that information to debunk a claim. To be fair I think kaput has a valid point. What has taken place in more recent years speaks more to a party's achievements or lackthereof. That being said, I think busa also has a valid point in that some individuals need to stop living in the past.

One really needs to consider a host of variables to conclude whether the country has prospered more or less under the control of a given party.
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Old 09-06-2012, 08:43 AM   #7
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I think is has less to do with a party and more to do with the times they are in power for. Lets get real for a second.

We know that it was not Bush and Bush alone that created this mess. Same thing can be said that Obama is not the only person calling the shots to get us out. The 60's were a crazy time, so much in fact that the idea of a war with Cuba and an assassination took place. The 70's were their own times, and things change. Who is in office at that time is like 1/8 of the complete importance.

This should not be a left vs right debate. It should be getting the person who can balance things out and make everyones lives better. If the rich get a kick back in the form of lower taxes, but the economy strengthens, then that is the right call. If the poor end up paying taxes, but we get the ship turned in the right direction, great.

Further to the point, the policies put together by one person at one point in time, only reflect the "need" at that time. ANYONE ignoring this is kidding themselves. Case in point, the housing bubble. Dodd and Frank are left to ignore everything, and created a situation where we all got screwed. Had there been regulation, we would not be in this mess to the point we are. However, the whole mess started under Clinton, except back then there was no need for the level of regulation required, as we were not being asked to give everyone with a $5 in their pocket a $250,000 mortgage.

Every president will be different, and they are only 1/8th of the importance.
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