Obama vs. Bush on Economic Growth

In his latest column at National Journal, Ronald Brownstein points out that, if the economy proceeds as it has over the past four months, the U.S. will gain more jobs in 2010 than it did in George W. Bush's entire presidency. Comparing Obama and Bush is interesting, but obviously not easy, he writes:

Now the principal footnote: To compare job growth in 2010 with Bush's record ignores the nearly 4 million jobs lost in Obama's first year, during the freefall that began in Bush's final months. That's like ignoring a meteor strike. Over time, voters are likely to judge Obama by his degree of success in eliminating that deficit and reducing unemployment. Still, if the economy this year produces more than 1 million jobs -- or, conceivably, more than 2 million -- that will give Democrats more ammunition to argue that their agenda has started to turn the tide.

The real point of looking again at Bush's record is to underscore how few jobs the economy was creating even before the 2008 collapse. Bush's tally of 1 million jobs was much less than the economy had generated during any other two-term stretch since World War II: Dwight Eisenhower produced nearly 4 million, John Kennedy and Lyndon Johnson (together) almost 16 million, Richard Nixon and Gerald Ford (together) 11 million, Ronald Reagan 16 million, and Bill Clinton more than 22 million.

For conclusions about this, and a more detailed comparison, see Brownstein's column.
Presented by

Chris Good is a political reporter for ABC News. He was previously an associate editor at The Atlantic and a reporter for The Hill.

The Blacksmith: A Short Film About Art Forged From Metal

"I'm exploiting the maximum of what you can ask a piece of metal to do."

Join the Discussion

After you comment, click Post. If you’re not already logged in you will be asked to log in or register.

blog comments powered by Disqus

Video

Riding Unicycles in a Cave

"If you fall down and break your leg, there's no way out."

Video

Carrot: A Pitch-Perfect Satire of Tech

"It's not just a vegetable. It's what a vegetable should be."

Video

An Ingenious 360-Degree Time-Lapse

Watch the world become a cartoonishly small playground

Video

The Benefits of Living Alone on a Mountain

"You really have to love solitary time by yourself."

Video

The Rise of the Cat Tattoo

How a Brooklyn tattoo artist popularized the "cattoo"

More in Politics

Just In