Aug 23, 2024, 5:01 PM
Aug 23, 2024, 5:01 PM

Bill Clinton's Claim on Job Growth Under Democrats

Left-Biased
Highlights
  • Bill Clinton made a bold and true claim about job growth under Democratic presidents.
  • The claim emphasizes the positive impact of Democratic leadership on job creation.
  • Data supports the assertion made by Bill Clinton regarding job growth under Democrats.
Story

During his address at the Democratic National Convention, former President Bill Clinton made a striking assertion regarding job creation in the United States since the end of the Cold War. He claimed that approximately 51 million new jobs have been created since 1989, with a staggering 98% of these jobs generated under Democratic administrations. Clinton emphasized the importance of this statistic, stating he had verified it multiple times, which raised eyebrows among attendees and analysts alike. Clinton's assertion aligns with data from the Bureau of Labor Statistics, which indicates that 51.5 million jobs were indeed added since January 1989, with only about 1.3 million created during Republican presidencies. This discrepancy can be attributed to the economic landscape over the past 35 years, which has included four recessions, notably beginning in 1990 under George H.W. Bush. Analysis from The Washington Post highlighted that both major political parties have had seven presidents during this period, with Democrats overseeing the creation of 88 million jobs compared to 32 million under Republicans. This trend has been supported by various economic studies, including a 2015 Marketwatch article that noted superior economic performance under Democratic leadership over the past seven decades. Further reinforcing this narrative, a 2017 report from The Atlantic indicated that the U.S. economy has consistently performed better across multiple metrics under Democratic presidents, a sentiment echoed in earlier analyses by political commentators.

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