Economy Cranks Out Fewer Jobs Under President Bush Than Under Either Bill Clinton or Ronald Reagan

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The economy has cranked out fewer jobs under President Bush ... than it had by the same point in the presidencies of Ronald Reagan and Bill Clinton.

[...]

Economists suggest something fundamentally different ... may be going on in the economy: The labor force of available workers is growing more slowly as the baby boom generation ages.

Under Bush, the economy produced 3.7 million new jobs from January 2001 through December of last year...

[...]

When Clinton was in the White House, the economy generated 17.6 million jobs during the corresponding period...

[...]

Under Reagan, 9.5 million jobs were created from January 1981 to December 1986.

[...]

Reagan had two recessions -- one of which began in July 1981 and ended in November 1982. It was the most severe recession since the Great Depression, pushing the monthly unemployment rate as high as 10.8 percent.

[...]

"The principal reason is that the labor force has grown much more slowly during the president's term than under the presidencies of Clinton and Reagan and that has nothing to do with anything but demographics," said Mark Zandi, chief economist at Moody's Economy.com.

Baby boomers -- a huge block of workers -- poured into the work force in the 1980s and were rising through the ranks in the 1990s. That's not the case now as boomers face retirement, and there are fewer young people to take their places.

Women, meanwhile, who helped to bulk up the labor force over the past few decades, aren't streaming into jobs as they once did.

These changing demographic factors will shape the country's future.

http://biz.yahoo.com/ap/070108/bush_s_job_count.html

[one...two...tree 2,762]

What specific policies has Bush done to even try to promote job growth?

[clloyd 0]

What specific policies has Bush done to even try to promote job growth?

Tax cuts?

[one...two...tree 2,762]

What specific policies has Bush done to even try to promote job growth?

Tax cuts?

Teehee. If that's all it takes to make a strong economy then it makes sense why the Republicans picked the village idiot for the oval office.

[dalegg 143]

There have been plenty more jobs created. They're just not documented.

[Trumplestiltskin 5,791]

Are they jobs Americans want to do?

Couldn't resist that...