Blog Credo

The whole aim of practical politics is to keep the populace alarmed (and hence clamorous to be led to safety) by menacing it with an endless series of hobgoblins, all of them imaginary.

H.L. Mencken

Wednesday, March 21, 2012

Um, Yeah, I've Been Saying This...

If it wasn't for the Fifty Little Hoovers, we would be in a full recovery by now.

In Bush's 8 years in office, we had a cumulative loss of 913,000 private sector jobs.  During Obama's three years we've had a cumulative loss of 274,000 jobs, but that number goes down with each new jobs report.

In Bush's 8 years in office we had a cumulative addition of 900,000 government sector jobs.  In Obama's three, we've lost 590,000.

The moral of this story is that government jobs are only "real" jobs when a Republican is in the White House.

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