Jon Favreau wtites at the Daily Beast:
I agree. And it’s nice that after more than six years, people like Jon Favreau finally realize that.
The President deserves neither all of the credit, nor all of the blame.
At any given point in time, one political party will control a majority (2+ out of 3) of the Presidency and two Legislative bodies (House and Senate).
Give credit and/or blame where it is due. Give the majority of the credit and/or blame to the political party which controls a majority of power in Washington, D.C.
It’s very enlightening to do so.
Using that perspective, look at the Employment-Population Ratio over the last 18+ years (January 1995 – April 2013) and give credit and/or blame where it is due:
As part of her post, my friend ChrissyTheHyphenated spruced up my graph:
April was better than March, the same as January and February, and was yet another below average month, even by Obama administration standards. There hasn’t been a month above his administration average of 58.7% since August 2009! The worst month under Bush was better than the best month under Obama.
And the bigger picture is:
From January 3, 1995 to January 2, 2007, Republicans controlled a majority (2+ out of 3) of the House, Senate, and Presidency.
During those 12 straight years, 144 consecutive months from January 1995 – December 2006, the average monthly Employment-Population ratio was 63.3%.
From January 3, 2007 to present, Democrats have controlled a majority (2+ out of 3) of the House, Senate, and Presidency.
During the last 6.33 years, 76 consecutive months from January 2007 – April 2013, the average monthly Employment-Population ratio has been 59.9%.
And during Obama’s pResidency, the average monthly Employment-Population Ratio has been 58.7%, and there hasn’t had a month above that average since August 2009.
The worst month under Bush was better than the best month under Obama.
Last month, April 2013, the Employment-Population Ratio was 58.6%.
If we had the same level of Employment-Population Ratio now as we had under Bush and the Republican Congress in December 2006, 63.4%, more than 11.7 Million more people would be employed.
The difference (63.4% – 58.6%) is 4.8% of our civilian noninstitutional population age 16 years+.
If we had the same Employment-Population ratio now as we had in December 2006 (after 12 continuous years of the Republicans holding 2+ of the House, Senate, and Presidency), over 11.7 Million more people would be employed right now!
According to table A-1, the civilian noninstitutional population age 16 years+ in March 2013 was 245,175,000.
4.8% * 245,175,000 = 11,768,400
Over 11.7 Million people who are not employed now, but would be if we had the same Employment-Population ratio now as we had in December 2006 when Republicans last controlled the House, Senate, and Presidency!