Chris Young sends this chart from Claremont, California. The chart considers the percentage change in unemployment over each presidential term. Chris writes:
With all the talk about republicans being “job creators” I got to wondering if that was actually true. This little chart shows the percent change in unemployment by president over the last 63 years. It makes the change in unemployment quite evident when only 1 republican president was able to leave office with a lower unemployment rate than when he entered. Every Democrat has however reduced the unemployment rate… So it makes you wonder who the job creators really are…
As Chris notes, President Obama’s only partway through. Things are better than they used to be, but kinda stuck. His midterm number may end up be representative of the whole.
On a related note, tax hikes have been good for the economy.