blackascoal
The Force is With Me
Bush vs. Obama on the Economy - In Three Simple Charts
The back-to-back Bush and Obama administrations allow us to easily compare the effectiveness of liberal and conservative economic policies. How do their economic records compare?
Let’s start with the big one: jobs. And let’s make it fair to Republicans and only look at private sector job creation – no Democratic cheating by putting all the unemployed on the government payroll!
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 11 million private sector jobs during his presidency, and more than 14 million if you start counting after the Great Recession Bush handed Obama technically ended in mid-2009.
Bush vs. Obama: Unemployment Rate
Similarly, while Bush’s policies drove up the unemployment rate, Obama’s has pushed it down.
Bush vs. Obama: Household Income
Median household income was down 4.2 percent on Bush’s watch and then another 4.9 percent during Obama’s first term.
But median household income leaped 5.2 percent in 2015 (see Table H-5 on this Census Bureau page of household income data), giving Obama a net increase versus Bush’s net decrease.
Also, average hourly earnings of private sector employees have risen, though slowly, up 17 percent during the course of Obama’s presidency. The other silver lining for the middle class is that inflation has been lower under Obama than Bush so wages haven’t lost much purchasing power.
https://ourfuture.org/20141208/bush-vs-obama-on-the-economy-in-3-simple-charts
In case you needed perspective.
"one of the most evil regimes to have ever existed upon the face of the earth"
I repeat .. Moronic, braindead .. and really stupid.
