Reagan is the big government beneficiary and Obama is the one who stumbled along with little public sector boost. That's a narrative you won't hear pundits share.
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Here is the data that drives the graph above. (It projects Obama's numbers through a full second term, just assuming that the remaining 11 months will continue at the average of the first 37 months.)
Job
Creation (in millions) |
|
Reagan 1 | |
private sector | 5.2 |
public sector | 0.0 |
govt jobs bonus | -0.5% |
Reagan 2 | |
private sector | 9.4 |
public sector | 1.4 |
govt jobs bonus | 15.4% |
H Bush | |
private sector | 1.5 |
public sector | 1.1 |
govt jobs bonus | 77.1% |
Clinton 1 | |
private sector | 11.0 |
public sector | 0.7 |
govt jobs bonus | 6.3% |
Clinton 2 | |
private sector | 10.3 |
public sector | 1.2 |
govt jobs bonus | 12.0% |
W. Bush 1 | |
private sector | -1.0 |
public sector | 0.9 |
govt jobs bonus | -89.6% |
W. Bush 2 | |
private sector | 1.3 |
public sector | 0.8 |
govt jobs bonus | 64.5% |
Obama 1 | |
private sector | 1.0 |
public sector | -0.7 |
govt jobs bonus | -69.2% |
Obama 2 | |
private sector | 10.8 |
public sector | 0.2 |
govt jobs bonus | 2.0% |
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