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Here's to ya maligned GOP. tRump's 'Greatest Economy Ever' Has Created Fewer Jobs Than Jimmy Carter
Trump’s ‘Greatest Economy Ever’ Has Created Fewer Jobs Than Jimmy Carter
In honor of Jimmy Carter becoming America’s oldest living president, it is worth noting that as president Carter created more jobs than Donald Trump during his first 25 months in office.
Here is the statistic:
West Wing Reports
Jimmy Carter today has become the oldest living ex-president in American history. Every best wish to Mr. Carter - probably the best ex-president America has ever had, and arguably one of the greatest living Americans period.
@realDonaldTrump loses to Jimmy Carter on jobs:
1) an avg. 204,000 jobs were created each month during Carter's 48-month presidency
2) an avg. 193,000 jobs have been created each month during the first 25 months of Trump's presidency - even with a population 1/3 bigger - PoliticusUSA
In honor of Jimmy Carter becoming America’s oldest living president, it is worth noting that as president Carter created more jobs than Donald Trump during his first 25 months in office.
Here is the statistic:
Link to tweet
West Wing Reports
Jimmy Carter today has become the oldest living ex-president in American history. Every best wish to Mr. Carter - probably the best ex-president America has ever had, and arguably one of the greatest living Americans period.
@realDonaldTrump loses to Jimmy Carter on jobs:
1) an avg. 204,000 jobs were created each month during Carter's 48-month presidency
2) an avg. 193,000 jobs have been created each month during the first 25 months of Trump's presidency - even with a population 1/3 bigger - PoliticusUSA
...even with a population 1/3 bigger for tRump.
Democrats FTW!
7 replies
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= new reply since forum marked as read
Job Creation of record of post-WWII Presidents, Average Annual % Increases :
(Sorted from best to worst by average annual percentage increase in jobs. Republicans in red, Democrats in blue.)
Notice that -- with the tiny exception (0.2% difference) of Nixon to Kennedy -- the worst Democrat has a better record than the best Republican -- that is, until Obama, who inherited an economy that was losing several hundred thousand jobs a month And actually, Kennedy did not have a chance to complete his term -- had he done so, and had he had the same job creation numbers in December 1963 through January 1965 as Johnson had (a 3.48%/year annualized rate of increase), he would have easily topped Nixon.
Post-WWII Presidents ranked by Average Annual Percentage Increase In Jobs (the last column):
. . (updated 2/2/19 after new jobs report released - it has revisions going back decades.)
Trump beats 4 or the 6 previous post-WWII RepubliCON presidents in average annual percentage increase in jobs (he falls between Ford and Reagan). But he beats only one Democratic president: Obama.
Remember, Obama inherited the deepest recession since World War II, which lost 4.2 million jobs in the last 10 months of his predecessor, and in the last 3 months of his predecessor was losing 753,000 jobs a month. With that momentum, job losses continued for the first 13 months of the Obama presidency -- through February 2010 -- totalling 4.3 million jobs lost during those 13 months.
Anyway, despite the 4.3 million jobs lost in his first 13 months because of the Bush crash, Obama still beats 3 of the last 7 post-WWII Republican presidents (the count of 7 post-WWII Republican presidents includes Trump).
In the above table, the average annual % increase in jobs (the last column) is a much fairer way to compare presidents than just the raw job creation figures in thousands because the latter is unfair to the earlier presidents who were working with much smaller labor forces to begin with. For example the number of job holders at the beginning of Truman's administration was only 38% as many as at the beginning of Clinton's administration, and 31% as many as at the beginning of G.W. Bush's administration. So Truman's pathetic-looking 93,570 jobs/month creation record turns out to be even better than Clinton's 238,521 jobs/month record when adjusted for the size of the labor force at the beginning of their terms.
In raw thousands of jobs created per year, both Reagan and Nixon beat Truman. But when adjusted for the size of the labor force -- again, by looking at average annual percentage increases in jobs -- Truman beats them both.
Official sources of information for the above:
# Payroll Jobs: http://data.bls.gov/timeseries/CES0000000001
# Monthly change of above: http://data.bls.gov/timeseries/CES0000000001?output_view=net_1mth
# . . Hint: to see both of the above two together on the same page, go to http://data.bls.gov/timeseries/CES0000000001 and click on the "More Formatting Options" link in the upper right and check the "Original Data Value" and the "1-Month Net Change" checkboxes and click the "Retrieve Data" button halfway down the page on the left
# Private Sector Payroll Employment: http://data.bls.gov/timeseries/CES0500000001
# Monthly change of above: http://data.bls.gov/timeseries/CES0500000001?output_view=net_1mth
# . . Hint: to see both of the above two together on the same page, go to http://data.bls.gov/timeseries/CES0500000001
and click on the "More Formatting Options" link in the upper right and check the "Original Data Value" and the "1-Month Net Change" checkboxes and click the "Retrieve Data" button halfway down the page on the left
The United States Unemployment Rate. Every Time The Democrats Fix It, The Republicans F*CK It Up (1960-2016)
(Sorted from best to worst by average annual percentage increase in jobs. Republicans in red, Democrats in blue.)
Notice that -- with the tiny exception (0.2% difference) of Nixon to Kennedy -- the worst Democrat has a better record than the best Republican -- that is, until Obama, who inherited an economy that was losing several hundred thousand jobs a month And actually, Kennedy did not have a chance to complete his term -- had he done so, and had he had the same job creation numbers in December 1963 through January 1965 as Johnson had (a 3.48%/year annualized rate of increase), he would have easily topped Nixon.
Post-WWII Presidents ranked by Average Annual Percentage Increase In Jobs (the last column):
. . (updated 2/2/19 after new jobs report released - it has revisions going back decades.)
Trump beats 4 or the 6 previous post-WWII RepubliCON presidents in average annual percentage increase in jobs (he falls between Ford and Reagan). But he beats only one Democratic president: Obama.
Remember, Obama inherited the deepest recession since World War II, which lost 4.2 million jobs in the last 10 months of his predecessor, and in the last 3 months of his predecessor was losing 753,000 jobs a month. With that momentum, job losses continued for the first 13 months of the Obama presidency -- through February 2010 -- totalling 4.3 million jobs lost during those 13 months.
Anyway, despite the 4.3 million jobs lost in his first 13 months because of the Bush crash, Obama still beats 3 of the last 7 post-WWII Republican presidents (the count of 7 post-WWII Republican presidents includes Trump).
In the above table, the average annual % increase in jobs (the last column) is a much fairer way to compare presidents than just the raw job creation figures in thousands because the latter is unfair to the earlier presidents who were working with much smaller labor forces to begin with. For example the number of job holders at the beginning of Truman's administration was only 38% as many as at the beginning of Clinton's administration, and 31% as many as at the beginning of G.W. Bush's administration. So Truman's pathetic-looking 93,570 jobs/month creation record turns out to be even better than Clinton's 238,521 jobs/month record when adjusted for the size of the labor force at the beginning of their terms.
In raw thousands of jobs created per year, both Reagan and Nixon beat Truman. But when adjusted for the size of the labor force -- again, by looking at average annual percentage increases in jobs -- Truman beats them both.
Official sources of information for the above:
# Payroll Jobs: http://data.bls.gov/timeseries/CES0000000001
# Monthly change of above: http://data.bls.gov/timeseries/CES0000000001?output_view=net_1mth
# . . Hint: to see both of the above two together on the same page, go to http://data.bls.gov/timeseries/CES0000000001 and click on the "More Formatting Options" link in the upper right and check the "Original Data Value" and the "1-Month Net Change" checkboxes and click the "Retrieve Data" button halfway down the page on the left
# Private Sector Payroll Employment: http://data.bls.gov/timeseries/CES0500000001
# Monthly change of above: http://data.bls.gov/timeseries/CES0500000001?output_view=net_1mth
# . . Hint: to see both of the above two together on the same page, go to http://data.bls.gov/timeseries/CES0500000001
and click on the "More Formatting Options" link in the upper right and check the "Original Data Value" and the "1-Month Net Change" checkboxes and click the "Retrieve Data" button halfway down the page on the left
The United States Unemployment Rate. Every Time The Democrats Fix It, The Republicans F*CK It Up (1960-2016)
