Posted On: 05/01/2016 10:59:19 AM
Post# of 65629
Higher taxes, lower budget deficits and lower interests rates work
together to help create more new jobs.
That IS what happened under Clinton and it is also what has happened under Obama.
The 'lab rat' model in between? Lower taxes, greater budget deficits and higher interest rates = jack-sh*t new jobs, DESPITE a growth in Gov jobs.
together to help create more new jobs.
That IS what happened under Clinton and it is also what has happened under Obama.
The 'lab rat' model in between? Lower taxes, greater budget deficits and higher interest rates = jack-sh*t new jobs, DESPITE a growth in Gov jobs.
Quote:
Bush lost private sector jobs over the course of his eight years (the Wall Street Journal declared it the “Worst Track Record On Record” on jobs), while Obama has created a net of 9.5 million private sector jobs during his presidency, and nearly 13 million if you start counting after the Great Recession Bush handed Obama technically ended in mid-2009.
Quote:
But there is one area of job creation where President Bush clearly outshines President Obama: the public sector. Public sector employment is now down 608,000 workers since January 2009, a 2.7 percent decline.
At the same point in President Bush’s term, public sector employment was up 3.7 percent. If, over the past 40 months, public sector employment had grown at the same pace as it did in President Bush’s first term, there would be 1.4 million additional people at work right now.
That’d be enough to bring the unemployment rate down by nearly a full percentage point.
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