Budgets, appropriations, and tax bills all must:
- Pass the House of Representatives,
- Pass the Senate, and
- Be signed by the President (unless a Presidential veto is overridden by 2/3 majorities of both Houses of Congress).
Therefore, I think it is fair to give the majority of the credit and/or blame to the party which controlled a majority (2+ out of 3) of those three for any given session of Congress.
From January 3, 1995 to January 3, 2007, Republicans held majority control.
From January 3, 2007 to present (October 23, 2012), Democrats have held majority control.
Now let’s look at employment in relation to party in majority control of Washington, D.C. …
Data Source: Bureau of Labor Statistics Data, Employment-population ratio, January 1995 to September 2012
Let’s overlay majority party control, as well as the averages during that time, and also give special attention to the average during the Obama administration…
{ Click on graph to enlarge }
Note that President George W. Bush inherited the Dot Com bust and the 9/11/2001 attacks, and that employment was negatively affected by both.
Note the effect of the 2003 Bush Tax Cuts – they turned the economy around and employment rose again.
Note that over the course of 12 continuous years of majority-Republican control, the average Employment-population ratio was 63.3%.
Note that Bush-Republican recovery peaked just above that average at 63.4% in December 2006.
Note that the recovery ended when Nancy Pelosi and Harry Reid took control of the House and Senate in January 2007.
Note that the Democrats, including then-Senators Obama, Biden, and Clinton, were in majority control when the economy went in the ditch. Even so, note that the worst month under Bush was better than the best month under Obama.
Note that over the course of the last nearly 6 years of majority-Democrat control, the average Employment-population ratio has been 60.1%, and under the last nearly 4 years of the Obama administration, the average has been 58.7%.
Note that Obama has been at or below his average since September 2009. Obama has not been above his average since August 2009. His best months of Employment-population ratio came from what he “inherited” from President George W. Bush.
Note that there has been NO RECOVERY for over three straight years.
It’s time for a NEW DIRECTION.
It’s time for a CHANGE.
We need to go BACK to where employment was under Republican majorities, not “Forward” like this:
or like this:
Also from the Bureau of Labor Statistics:
The employment-population ratio: its value in labor force analysis
(File Format: PDF/Adobe Acrobat)
Excellent post, Red Pill. Great analysis. You can’t argue with a good illustration. I “hope” for “change” real soon.
That graph needs a name (like that global warming “hockey stick”).
The Obama slip/slide-into-oblivion? Free-fall-to-fundamental-transformation? Lemming leap?
It also needs to go viral!
Thanks, Miri.
Upon your suggestion, I updated the post above with this:
We need to go BACK to where employment was under Republican majorities, not “Forward” like this:
…or like this:
I prefer this version of Obama’s “Forward”:
The additions are perfect! The Grand Canyon looks just like the graph. Good job. We need somebody to tweet your post. If you add the Twitter and Facebook icons, then people can more easily share.
Miri, I’ll look into adding the Twitter and Facebook icons, but in the mean time, here is my own tweet of this post (you can retweet my tweet)…
Miri,
Right above the “Like this” section of this post there is a “Share this:” section. Click on the “Share”, and there will be a drop-down of available ways to share the post. Please let me know if you don’t see it, and i’ll check the configuration settings for my blog.
Thanks!
Business owners stand up to Obama
By Michelle Malkin • October 23, 2012 11:37 AM
Red Pill: Yes, I see the drop down list. I didn’t know it worked like that. We set it up differently on WTPOTUS. I hope everybody shares this post.
And so, Obama didn’t inherit anything relating to the economy….statistics can be skewed any way you want them to be. Give me a break – crap article.
http://www.decisionsonevidence.com/wp-content/uploads/2012/09/Jobs-created-by-which-party-held-presidents-office.png
Tell me, spike:
1) On what date did Barack Obama begin elected office in Washington, D.C.?
2) On what date did Barack Obama’s party take majority control of Washinton, D.C.? (2+ out of 3 of the House, Senate, and Presidency)
3) What was the state of the economy on date #2?
spike,
Do Presidents act unilaterally?
Or, do they either sign or veto bills that are sent to them by Congress?
I never said “Obama didn’t inherit anything relating to the economy”. Here is what Obama inherited.
If you are on Twitter, please retweet the following tweet:
Miri,
I’ve now changed the “sharing” settings so that now the common ones are directly visable, and others are in the drop-down.