Factual talking points on the economy (UPDATED)

[progree]

72. Bloomberg's points out Dems lead in job creation by wide margin over Repubs

Thanks Bill_USA for posting these links from Bloomberg over at http://www.democraticunderground.com/111622439 --

here's an article from Bloomberg that points out Dems lead in job creation by wide margin over Repubs

http://www.bloomberg.com/news/2012-05-08/private-jobs-increase-more-with-democrats-in-white-house.html

Democrats hold the edge though they occupied the Oval Office for 23 years since Kennedy’s inauguration, compared with 28 for the Republicans. Through April, Democratic presidents accounted for an average of 150,000 additional private-sector paychecks per month over that period, more than double the 71,000 average for Republicans.
http://www.bloomberg.com/apps/data?pid=avimage&iid=isqi31tjaZFo

The below, taken from http://www.democraticunderground.com/111622439 EF.1. near the bottom is another confirming view showing that -- with the tiny exception (0.02% difference) of Nixon to Kennedy -- the worst Democrat has a better record than the best Republican (all the way back to Truman). It is ranked on a percentage job increase basis to get rid of the issue that the economies and labor forces of the earlier presidents were much smaller than that of the later presidents. So for example, Truman's wimpy looking 93,570 / month average job creation is actually the 3rd best of all post-FDRoosevelt presidents on a percentage increase basis. (The labor force at the beginning of the Truman admin was only 31% the size of GW Bush's, so 93,570 jobs/month went a long way back then)

Job Creation of record of post-WWII Presidents With Completed Terms, 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 (0.02% difference) of Nixon to Kennedy -- the worst Democrat has a better record than the best Republican)

[div style="display:inline; font-size:1.37em; font-family:monospace; white-space:pre;"][font color= ] Average Average [/font]
[div style="display:inline; font-size:1.37em; font-family:monospace; white-space:pre;"][font color= ] number of Jobs at Annual [/font]
[div style="display:inline; font-size:1.37em; font-family:monospace; white-space:pre;"][font color= ] Jobs start of Percentage[/font]
[div style="display:inline; font-size:1.37em; font-family:monospace; white-space:pre;"][font color= ] Created Term Increase [/font]
[div style="display:inline; font-size:1.37em; font-family:monospace; white-space:pre;"][font color= ] President Per Month Millions In Jobs [/font]
[div style="display:inline; font-size:1.37em; font-family:monospace; white-space:pre;"][font color= ] ========= ========= ======== ======= [/font]
[div style="display:inline; font-size:1.37em; font-family:monospace; white-space:pre;"][font color=blue] Johnson 196,500 57.3 4.12% [/font]
[div style="display:inline; font-size:1.37em; font-family:monospace; white-space:pre;"][font color=blue] Carter 215,396 80.7 3.20% [/font]
[div style="display:inline; font-size:1.37em; font-family:monospace; white-space:pre;"][font color=blue] Truman 93,570 41.4 2.71% [/font]
[div style="display:inline; font-size:1.37em; font-family:monospace; white-space:pre;"][font color=blue] Clinton 236,875 109.7 2.59% [/font]
[div style="display:inline; font-size:1.37em; font-family:monospace; white-space:pre;"][font color=red ] Nixon 137,030 69.4 2.37% [/font]
[div style="display:inline; font-size:1.37em; font-family:monospace; white-space:pre;"][font color=blue] Kennedy 105,059 53.7 2.35% [/font]
[div style="display:inline; font-size:1.37em; font-family:monospace; white-space:pre;"][font color=red ] Reagan 167,729 91.0 2.21% [/font]
[div style="display:inline; font-size:1.37em; font-family:monospace; white-space:pre;"][font color=red ] Ford 71,483 78.6 1.09% [/font]
[div style="display:inline; font-size:1.37em; font-family:monospace; white-space:pre;"][font color=red ] Eisenhower 36,854 50.1 0.88% [/font]
[div style="display:inline; font-size:1.37em; font-family:monospace; white-space:pre;"][font color=red ] G.H. Bush 54,021 107.1 0.61% [/font]
[div style="display:inline; font-size:1.37em; font-family:monospace; white-space:pre;"][font color=red ] G.W. Bush 11,406 132.5 0.10% [/font]