Despite years of private sector job growth, following the disastrous final two years of Dumbya Bush's second term, the Obama Administration hasn't gotten much credit from the public, and especially the press, for the gains in employment. Compare the numbers (via Calculated Risk) for each Presidency since 1976:
| Term | Private Sector Jobs Added (000s) |
|---|---|
| Carter | 9,041 |
| Reagan 1 | 5,360 |
| Reagan 2 | 9,357 |
| GHW Bush | 1,510 |
| Clinton 1 | 10,885 |
| Clinton 2 | 10,070 |
| GW Bush 1 | -844 |
| GW Bush 2 | 381 |
| Obama 1 | 2,018 |
| Obama 2 | 6,3221 |
| 128 months into 2nd term: 10,838 pace. | |
In Dumbya's eight years, there was a net loss of 463,000 private sector jobs. (It's even worse when you consider that the last full month of Dumbya's presidency the economy lost 632,000 jobs). Obama's second term is on a pace to add nearly 11 million private sector jobs. That's something for all Dems to talk about leading up to the 2016 election.
It's all Obama's fault.
