Democrats Create More Private Sector Jobs Than Republicans Do

Republicans like to do a lot of bragging about how their policies are better economically than the policies of Democrats. They claim to be frugal while calling Democrats "big spenders". They claim their policies create more opportunity and growth. And they claim their policies will create more private-sector jobs. There's only one problem with these claims -- they are all false.

Last March I posted about the increase in government spending of all the presidents since Richard Nixon. That post showed that the biggest spenders, the presidents who had increased spend the most were all Republicans, with the biggest spenders of all being Nixon, Reagan, and Bush II (showing more than a 2.5% increase in annual spending). Bush I and Carter were about equal (with about 2% growth in annual spending). And the most frugal presidents of all were Clinton and Obama (both of whom had less than 1.5% growth in spending annually).

Another of my posts showed that growth and opportunity were actually much better under Democratic administrations than under Republican administrations. Data from Bloomberg News showed that stock market investments under the 23 years of Democratic presidents showed an annual average return of 11%. Under the 28 years of Republican presidents, that annual average return fell to only 2.7%. Obviously, the Republicans were not only the biggest spenders but also initiated policies that stymied investment growth.

Now it is time to bust the third Republican myth (lie) -- that they create more private-sector jobs than Democrats do. Again we go to the Bloomberg News (a business-oriented publication) for the pertinent data. And their data shows that far more private-sector jobs have been created under Democratic administrations than under Republican administrations.

The results are not even close. In the 23 years that Democrats occupied the White House, there were 42 million jobs created. In the 28 years that Republicans occupied the White House, only about 24 million jobs were created. That means that since John Kennedy was sworn into office in 1961, about 63.6% of all the new jobs were created with Democrats in power (while only 36.4% of the new jobs were created under Republican presidents).

And when you break it down into monthly figures, the Democratic advantage is even more impressive. In their 23 years, the Democrats averaged a monthly job creation of 150,000 private-sector jobs. The average monthly figure for Republicans is only a pathetic 71,000 private-sector jobs.

The biggest problem facing this country is not the deficit or providing investment opportunity (both of which would fare better under Democrats) -- it is the need to replace millions of jobs lost due to Republican economic policies (which favor only the rich). Giving the rich more money (as the Republicans want to do) will not solve this problem. We must spur more demand to do that, and as we can see from the figures above, that has always been done best under Democrats.

There is a solution for our current economic woes -- and it starts with voting Republicans out of office. Their policies have failed, and they are left with nothing but lies.