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To: arun gera who wrote (176714)1/13/2009 12:14:08 PM
From: Lizzie TudorRead Replies (1) | Respond to of 306849
 
yes arun, but the internet for the first time enabled offshoring of service sector jobs, and that began almost exactly in the first year of bush's term. The problem is the "service sector" includes all the white collar jobs, engineers and accountants and such. if you start offshoring those away, which we did, you are also offshoring all the new economy stuff plus the manufacturing from before, you have nothing left.

Why make such a big deal? Look at this chart.

Bush in this last 8 years created fewer jobs than DWIGHT EISENHOWER or HARRY TRUMANS term, when the US economy was 1/3 the size. TRUMAN created 6 times the jobs as Bush. Truman!!!!

As far as how many indians have cell phones, who cares? India's economy is the size of California. We gave way more away than we got back with this equation, and fortunately the democrats know it.


President Jobs created Jobs at end of term Jobs at start of term Payroll expansion Jobs created per year in office Population growth Percent change in population
George W. Bush 3.0 million 135.5 million 132.5 million 2.3% 375,000 22.0 million 7.7%
Bill Clinton 23.1 million 132.5 million 109.4 million 21.1% 2,900,000 25.2 million 8.9%
George H.W. Bush 2.5 million 109.4 million 106.9 million 2.3% 625,000 12.5 million 4.8%
Ronald Reagan 16.0 million 106.9 million 90.9 million 17.6% 2,000,000 17.3 million 7%
Jimmy Carter 10.5 million 90.9 million 80.4 million 13.1% 2,600,000 9.8 million 4.3%
Gerald Ford 1.8 million 80.4 million 78.6 million 2.3% 745,000 5.1 million 2.3%
Richard Nixon 9.4 million 78.6 million 69.2 million 13.6% 1,700,000 12.3 million 5.7%
Lyndon Johnson 11.9 million 69.2 million 57.3 million 20.8% 2,300,000 11.3 million 5.6%
John F. Kennedy 3.6 million 57.3 million 53.7 million 6.7% 1,200,000 8.2 million 4.3%
Dwight Eisenhower 3.5 million 53.7 million 50.2 million 7% 438,000 23.3 million 12.8%
Harry Truman 8.4 million 50.2 million 41.8 million 20.1% 1,100,000 N/A N/A

blogs.wsj.com