Lowest job growth since WWII under George W. Bush
This tidbit caught my eye: Over the last eight years, job growth grew the least under President George W. Bush. That's the lowest job growth since World War II. from 2001 through 2009, job gains grew only .28%.
How'd the other guys do? It's hard to do worse. I half-expected President Bill Clinton to have presided over the most growth, given how well the economy did in the 1990s, but actually Lyndon Johnson's America did the best--3.74% job growth. In second place? Jimmy Carter, which was surprising, since few historians have rated his administration as a success. But under his watch, the number of jobs grew 3.11%. Bill Clinton came in third place, with 2.42%.
Here's the entire list:
- Lyndon Johnson (1963-69), 3.74%
- Jimmy Carter (1977-81), 3.11%
- Bill Clinton (1993-2001), 2.42%
- Harry Truman (1945-53), 2.38%
- Richard Nixon (1969-74), 2.30%
- John Kennedy (1961-63), 2.28%
- Ronald Reagan (1981-89), 2.04%
- Gerald Ford (1974-77), 0.95%
- Dwight Eisenhower (1953-61), 0.87%
- George H. W. Bush (1989-93), 0.59%
- George W. Bush (2001-09), 0.28%
Hopefully in four years, job growth under President Barack Obama will be a lot higher than #11 or #10.