Presidents don't create jobs, especially private sector jobs. The idea that minimum wage creates jobs is really funny! Congress is an equal part of government and they try and they ultimately control spending. Let's take a look at Congressional control and the market.
Average Stock Market gain during Democratic Congress: +9.8%
Average Stock Market gain during Republican Congress: +30.1%
Average Stock Market gain during Democratic President:
with Democratic Congress support: +13.2%
with Republican Congress opposition: +32.6%
(+18.8% regardless of Congress)
Average Stock Market gain during Republican President:
With Democratic Congress opposition: +6.6%
With Republican Congress support: +25.3%
(+13.3% regardless of Congress)
This is not my opinion. These are facts.
(data for DJIA for each year taken from 1st trading day in that year. Gains are stated for 2 year periods. Half them for annual gains.)
Facts Don't Lie - Democrats Are the True Job Creators
ProudProgressive
2012/07/05 20:09:38
Facts And Figures Of Job Creation, Spending, And GDP Growth In 10 Bullet Points
July 5, 2012
by: Uzair Qadeer
1. Since 1932, Democratic Presidents have created 73.4 million new jobs, Republicans have created only 34.8 million.
2. To put it in perspective, it took Barack Obama 39 months to create more jobs (3.9MM) than last 3 presidential republican terms did in a combined total of 12 years or 144 months (3.7MM).
3. Bill Clinton created more jobs in 2 terms than all the terms of the following five Republicans did altogether: Eisenhower (2.74MM), Nixon (9.18MM), Ford (2.07), Bush I (2.59MM), and Bush II (1.31MM).
4. Last three liberal presidents, Carter, Clinton, and Obama have created more jobs (37.38MM) in 4 terms than last six republicans, including Reagan, did altogether in 10 terms (33.69MM).
5. In last 50 years alone, non-government payrolls in the U.S. swelled by almost 42 million jobs under Democrats, compared with 24 million for Republican presidents, according to Labor Department figures.
6. Democratic presidents accounted for an average of 150,000 additional private-sector paychecks per month over that period, more than double the 71,000 average for Republicans.
7. Most recently, private employers have added an average of about 900 jobs per month since Obama’s inauguration. During the two terms of his predecessor, Republican George W. Bush, private payrolls shrank by an average of 6,700 jobs per month.
8. Democrats though have been better at being Republican than Republicans. The only payroll that shrinks under Democratic Presidents is federal, state and local government. That employment grew by 7.1 million under Republican presidents and 6.3 million when Democrats were in the White House.
9. Democrats have operated a high-power private industry job creation machines through reduced spending and strategic investments. Democrats spend far less; spending breaks down as $35 billion a year under Democratic presidents and $60 billion under Republicans on average. If you assume that it takes a year for a president’s policies to take effect, Democrats have raised spending by $40 billion a year and Republicans by $55 billion. Thus, the GOP is more responsible for the debt that we have amassed, lowering our credit rating.
10. Democratic presidents not only created twice as many jobs, through liberal initiatives such as minimum wage and other regulation, Democratic presidents have a much better track-record for making every income bracket more prosperous. In last 70 years alone, GDP rose 12.6% under Democrats versus a GOP increase of 10.7%. From 1960 to 2012 the gross domestic product measured in dollars rose an average of $165 billion a year under Republican presidents and $212 billion a year under Democrats.
Read More: http://www.addictinginfo.org/2012/07/05/facts-and-...
Top Opinion
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Gracie - Proud Conservative 2012/07/05 20:50:16
You don't know me so quit talking smack.
Who employs the clerks behind the counters in the stores and manage the stores??
Of course you have forgotten, you have been getting Obama titty ever since Obama took office.
Who employs the clerks behind the counters in the stores and manage the stores??
Of course you have forgotten, you have been getting Obama titty ever since Obama took office.
So the poor people bought and own the stores and hire poor people to run the stores and poor people buy the products they sell and the poor doctors hire nurses, poor people buy gas stations, poor people buy car repair shops. NOT THE RICH PEOPLE!!!!
You are more screwed up than any libtard here on SH.
WOW!!!!!!
I better stay away from you, I don't want to catch whatever you got!
WOWWWW!!!!
At least get your bullsh*t straight.
Unemployment remains @ 8.2% not counting the ones who gave up looking for work.
Go try to fool somebody else, clown.
You fail.
As for the rest, it is the Republicans whose push for "right to exploit employees" laws have driven down wages, added to which the Republican war on labor unions has severely depressed income for actual working people.
As you can see, the rich get richer and the rest of us don't thanks to the Republicans:
Every democrat policy is bad for jobs, bad for the economy, and bad for everyone willing to actually work to get ahead. The only people it is good for is the lazy entitlement junkies that choose to live off the backs of others that shrink the economic pie for everyone.
The democrats only REAL argument is that it is ok to destroy the economy, country, burry our children in debt, and take away people's freedom so that perfectly able bodied people do not have to take responsibility for themselves. So, let’s be honest and argue your case on its merits.
All democrat 'progressive' policies have gotten us is massive debt, a weak economy, a credit downgrade, jobs fleeing in droves, and a whole class of lazy unappreciative entitlement junkies. We need to simply admit that they are failed policies and kick the democrats out. While the same failed policies have bankrupt Euro...
Every democrat policy is bad for jobs, bad for the economy, and bad for everyone willing to actually work to get ahead. The only people it is good for is the lazy entitlement junkies that choose to live off the backs of others that shrink the economic pie for everyone.
The democrats only REAL argument is that it is ok to destroy the economy, country, burry our children in debt, and take away people's freedom so that perfectly able bodied people do not have to take responsibility for themselves. So, let’s be honest and argue your case on its merits.
All democrat 'progressive' policies have gotten us is massive debt, a weak economy, a credit downgrade, jobs fleeing in droves, and a whole class of lazy unappreciative entitlement junkies. We need to simply admit that they are failed policies and kick the democrats out. While the same failed policies have bankrupt Europe and Europe is running from them, the idiot democrats are still pushing for them here. Are they oblivious and greedy for other people's private property, or intentionally trying to destroy the country?
Anyone can be successful. Immigrants come here every day uneducated, broke, and unable to even speak English and have a far higher success rate than Americans born here that are too lazy to even take advantage of a free HS diploma. We need to stop all this democrat whining and blaming others and start expecting able bodied people to actually work and support themselves, live everyone else does, and every generation has done throughout the history of the country.