After listening to former President Bill Clinton claim that Democratic presidents have created twice as many jobs in the past four decades as Republicans, my curiosity piqued: Where in the world did he come up with that?
Check out this graph from Political Math -- it uses info from the Bureau of Labor statistics to compare how many jobs presidents since 1948 have created during their tenure. Barack Obama doesn't come anywhere close to creating any significant number of jobs:
The Washington Post's Chris Cillizza took notice:
Yes, Obama took office in the midst of a economic crisis of worldwide proportions. And, yes, the ongoing struggles of European economies have further complicated the Obama Administration’s attempts to dig the country out of this economic hole. And, yes (again), he has yet to complete his first term, making these comparisons (slightly) unfair. And yes (again, again), data can be bent to serve partisan political purposes — on both sides — and Obama and his team would argue that given what they inherited from George W. Bush, he has done as well as could be expected.
Still, in political campaigns, the simplest argument almost always wins. And one look at the chart above makes clear that Obama’s success (or lack thereof) on job creation is decidedly anomalous when compared to those who have held the White House before him.