Tuesday, November 3, 2015

As usual Paul Krugman is full of crap about Republicans and jobs


"[P]rivate-sector employment is eight million higher than it was when Barack Obama took office, twice the job gains achieved under his predecessor before the recession struck."

When Barack Obama took office, W-2 employment stood at 155.4 million, and promptly fell 4.5 million. At the end of 2014 it stands at 158.2 million, 2.8 million higher than at the end of 2008, not 8 million higher.

At the same point in his presidency, George W. Bush had added 5.8 million W-2 jobs, and 7.3 million by the end of it.