Monday, June 4, 2012

President Obama versus George W. Bush on Job Creation, (1st term)

This graph again documents the typical historical record of comparing Republican Economic results against Democratic economic results. Republicans overspend and under perform. As I've stated repeatedly before only two things grow when Republican economic principles are in place, namely unemployment and the national debt.  A snapshot look at this comparison shows:
1).  public sector (government) employment increased under Bush by just over 4%, and has declined under President Obama by approx. 3%.
2). Private sector employment under Bush declined by approx. 1% over 4 years. Yet in just 2.5 years since the Great Recession bottomed out after President Obama's economic policies took hold have increased by approx. 4%.

Willard Romney has stated he wants to re-implement the Bush economic policies, the same policies that greased the skids for the 2nd greatest economic decline in American history. Romney wants bring his MBA education and experience to shape the American economy. We have had two other Presidents with such experience and education, Herbert Hoover and George W. Bush. How'd that work out?

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