More Jobs Created Under Obama Than Bush, Non-Partisan Report Finds
But should we judge presidents' performance by the number of jobs created on their watch?
This article was written by Dan Fastenberg and originally appeared on AOL Jobs.
President Obama has been called a job-killer and worse. But in his over four years in office, Obama has already presided over the net creation of more American jobs than did his predecessor, George W. Bush, in his eight in the White House. That's the conclusion of a new analysis released Tuesday by Factcheck.org, the non-partisan voter advocacy website.
The data is culled from the Bureau of Labor Statistics, the data arm of the US Department of Labor. Factcheck described the comparative jobs data as follows:
By the time of Obama's second inaugural in January, the economy had added a net total of 1,208,000 jobs since he was first sworn in four years earlier, according to current figures from the Bureau of Labor Statistics. That beats George W. Bush's eight-year total of 1,083,000. And so far, Obama is extending his lead over Bush. Counting jobs added in February, his total now stands at a net gain of over 1.5 million jobs.
Where Have the Obama Jobs Come From?
Non-partisan reports have credited the much-debated Obama stimulus package with the creation of jobs. According to one tally from last year from the non-partisan Congressional Budget Office, the stimulus was responsible for two million new jobs in the three-month period before the start of 2012.
Not everything from the Factcheck report provides a shot in the arm for the Obama administration. Other economic indicators suggest times have been getting tougher under the current president. For instance, more people have turned to food stamps under Obama than under any president since President Franklin Roosevelt introduced the program in 1939.
Job Creation Still Lags
During the heady 1990s, the Clinton administration presided over the creation of roughly 20 million jobs. During both Obama and Bush administrations, jobs creation has lagged when compared to that economic boom. However, Obama is only halfway done with his time in office.
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