"how many jobs were lost from Jan. 2007 when the Democrats took over"
You mean how many jobs did Shrub fritter away in '08? Plenty.
"Which might be part of the equation on why you credit Bush with only 1.11M jobs over his two terms.. "
That equation would be #jobs first term and #jobs second term. The reason Bush only created 1.1M jobs is that he only created 1.1M jobs.
How does the Myth stack up against Obama? Tied, cuz Obama is a Raygun Republican, which is why I voted for Bernie Sanders.
Just how does this "horrible" Barack Obama compare to the god-like Ronald Reagan? The following comes from the Bureau of Economic Analysis (BEA), Federal Reserve Economic Data (FRED), Bureau of Labor Statistics (BLS), the Census Bureau, the Treasury Dept, and US Inflation Calculator. The comparison is for the first four budget years (Oct-Sept) of each President.
The average Dow gain per year: Reagan, 11.81%; Obama, 11.72%
The average Unemployment Rate: Reagan, 8.58%; Obama, 8.69%
The average jobs (thousands) created per year: Reagan, 1638; Obama, 1645
Poverty Rate (3 years only): Reagan, from 14% - 14.4%; Obama, from 14.3% - 15%
By these measures, both Presidents are remarkably similar.
But then there is GDP, debt, and spending. Combining GDP relative to debt is the most common measure for these two.
Average yearly debt to GDP increase: Reagan: 7.83%; Obama, 4.84%
Average Federal government spending increase using Total Expenditure data from BEA:
Reagan: 8.89%; Obama 1.02%
Subtracting inflation: Reagan: 4.21%; Obama, -1.08%
Yes, the guy noted for “small government”, had a 61.7% greater rate of increase in the debt/GDP (that is the debt increased far more relative to GDP output), and outspent the communist (rate of increase) by nearly 9 times.
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