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Job%20Growth%20by%20President

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Take a look at their individual records for monthly Job Growth ... George Bush, denounced Reagan's 'Trickle Down' economic plan as, 'Voodoo economics' ... – PowerPoint PPT presentation

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Title: Job%20Growth%20by%20President


1
Over the past 58 years we have had positive Job
Growth
Until Now
58 years, 10 Presidents both Republican and
Democrat, throughout WARS and Economic
downturn. Take a look at their individual
records for monthly Job Growth as provided by
the Minority House Staff Appropriations Committee
2
Truman 1  World War II ended and thousands were
laid off from defense plants all over the
country. Even with this down turn President
Truman was able to average 60,000 new jobs per
month during his first term in office.
Job Growth by President
(Average Monthly Growth in Employment During
Presidency)
Source Minority Staff office House Appropriations
Committee
3
Truman 2  The Korean War broke out in his second
term and with the help of increased defense work,
he averaged 113,000 new jobs per month.
Job Growth by President
(Average Monthly Growth in Employment During
Presidency)
Source Minority Staff office House Appropriations
Committee
4
Eisenhower 1  The Korean War ended and the Cold
War had begun and Ike averaged 58,000 new jobs
per month.
Job Growth by President
(Average Monthly Growth in Employment During
Presidency)
Source Minority Staff office House Appropriations
Committee
5
Eisenhower 2  In the second term he began the
Interstate Highway system and was able to create
15,000 new jobs per month. Many of these jobs
were family wage union jobs.
Job Growth by President
(Average Monthly Growth in Employment During
Presidency)
Source Minority Staff office House Appropriations
Committee
6
Kennedy  The Cold War almost became Armageddon
with the Cuban Missile crisis. John F Kennedy
declared that the United States would place a man
on the moon and safely return him to earth before
the end of the decade. He averaged 122,000 jobs
per month, many of which were in Aerospace.
Job Growth by President
(Average Monthly Growth in Employment During
Presidency)
Source Minority Staff office House Appropriations
Committee
7
Johnson  Many defense jobs created due to the
Viet Nam war with an average of 206,000 new jobs
per month.
Job Growth by President
(Average Monthly Growth in Employment During
Presidency)
Source Minority Staff office House Appropriations
Committee
8
Nixon 1  The war ended. Nixon went to China to
lay the groundwork for opening Chinese markets.
He instituted wage and price controls to stem the
growth of inflation (only the wages were frozen).
He still created 129,000 new jobs per month.
Job Growth by President
(Average Monthly Growth in Employment During
Presidency)
Source Minority Staff office House Appropriations
Committee
9
Nixon / Ford  President Ford assumed office after
the Watergate fiasco and averaged 105,000 new
jobs per month.
Job Growth by President
(Average Monthly Growth in Employment During
Presidency)
Source Minority Staff office House Appropriations
Committee
10
Carter  President Carter had the Iranian hostage
situation to deal with during his term in office.
His lack of responsiveness to the Labor movement,
kept him from being elected to a second term.
Remember ABC anybody but Carter? Even so he
averaged 218,000 new jobs per month.
Job Growth by President
(Average Monthly Growth in Employment During
Presidency)
Source Minority Staff office House Appropriations
Committee
11
Reagan 1  One of his first acts in office was to
fire the striking Air Traffic Controllers whose
Union, PATCO, had endorsed him for President less
than one year earlier. His opponent in the
primary, George Bush, denounced Reagans Trickle
Down economic plan as, Voodoo economics. He
was at least able to average 109,000 new jobs per
month.
Job Growth by President
(Average Monthly Growth in Employment During
Presidency)
Source Minority Staff office House Appropriations
Committee
12
Reagan 2 In his second term he averaged a record
224,000 new jobs each month.
Job Growth by President
(Average Monthly Growth in Employment During
Presidency)
Source Minority Staff office House Appropriations
Committee
13
Bush Sr. Former Vice President, former CIA
Director, founder of the New World Order and
then President Bush, could only muster 52,000 new
jobs per month. Lower than any President other
than Eisenhower in his second term. (It is
important to note that our Nation had 100 million
fewer citizens when Eisenhower was President.)
Desert Storm did not produce jobs to the degree
past wars had because by now, a lot of what is
needed to fight a war is produced offshore.
Job Growth by President
(Average Monthly Growth in Employment During
Presidency)
Source Minority Staff office House Appropriations
Committee
14
Clinton 1
Job Growth by President
(Average Monthly Growth in Employment During
Presidency)
Source Minority Staff office House Appropriations
Committee
15
Clinton 1 and Clinton 2 Both terms set records
for monthly growth in new jobs. 242,000 in the
first term and 235,000 in the second. An all time
record! The Republicans would have you believe
that this was because of policies that President
Reagan put in place. If that were the case, what
happened to Bush Sr.?
Job Growth by President
(Average Monthly Growth in Employment During
Presidency)
Source Minority Staff office House Appropriations
Committee
16
Now lets look at Bush Jr.
Certainly our current President has had some
difficult issues to deal with, 911 not the least
of them. He, like his father, and unlike any of
the other modern Presidents, has been unable or
unwilling to grow this economy. After 911 he
immediately appropriated money to assist the
Insurance companies to cover their losses. He
immediately found money for the Airlines,
although most of it hasnt been released and many
are failing. We are still waiting for the go
ahead on the 767 tanker while thousands of Boeing
workers go out the door. Since being selected as
President GW has not created one single new job!
In fact he has lost 69,000 per month!
Source Minority Staff office House Appropriations
Committee
17
Bush Jr. He has lost 2,000,000 jobs to date since
assuming his office. 108,000 jobs lost in the
first 2 weeks of the war began with Iraq. Where
did they go? Havent we always preached to Buy
Made in the USA? Why do you think that is?  
Source Minority Staff office House Appropriations
Committee
Source Minority Staff office House Appropriations
Committee
18
What can you do?
Write or email your Congressperson Write or
email your Senators Write or email the
President Demand Jobs! Buy Made In The USA!
19
Jobs! Worth Fighting For!
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