Saturday, August 24, 2024

When Democrats hold office, jobs are created

A couple of charts to ponder. 

Simon Rosenberg, that effectual cheer leader for a Democratic Blue Wave over at Hopium Chronicles, always reminds us that Democratic leaders create jobs. Here's his version:

Washington Post data journalist Philip Bump creates his own version of this information -- and what this responsible guy shows is not so different.

Bump is a careful reporter. He offers qualifications.

... caveats can be sprinkled over all of this. Job growth under Biden was increased to some extent because employers were getting back up to speed after layoffs at the outset of the pandemic, for example.

So what happens if we take just the middle two years of Trump’s and Biden’s terms and compare them? That eliminates the covid effects for Trump and the boost at the outset for Biden. It also gives a year during which their policies could be expected to have had an effect.

In 2018 and 2019, under Trump, the country added 4.3 million jobs. In 2022 and 2023, under Biden, it added 7.5 million jobs.

You don’t have to be a sports whiz to see that seven puts you ahead of four, either.

Still, it's a someone amazing picture. I had not intuited this and I lived much of this economic history. And if enabling people to find jobs is what you think makes for a good country, it contains a blunt conclusion. Dem leadership makes life better for most people.

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