Sunday, October 29, 2017

SEEMS LIKE REPUBLICANS CAUSE RECESSIONS WHILE DEMOCRATS GET THE USA OUT OF RECESSIONS

The more I look into this Democrat v Republican performance on the economy, Democrats come out on top.

Here is another analysis on job creation, that looks at not just number of jobs but also the percentage increase.

And again, Bill Clinton comes first (no pun intended)!

A president's record at job creation depends somewhat on the business cycle. For example, those who inherited a recession, like Clinton, Obama, Reagan, Carter and LBJ, did better at job creation. They started with a low base, and so had nowhere to go but up. Those that created recessions, like both Bushes, Nixon, and Eisenhower, did the worst.

[source : Which President Created the Most Jobs?, The Balance, https://www.thebalance.com/job-creation-by-president-by-number-and-percent-3863218, 18th October 2017]

This analysis has the following order for job creation:
1. Clinton (D)
2. Obama (D)
3. Reagan (R)
4. Johnson (D)
5. FDR (D)
6. Nixon (R)
7. Truman (D)
8. Eisenhower (R)
9. JFK (D)
10. George W Bush (R)

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