In Minnesota today, President Joe Biden repeated his claim that more jobs were created in his two years in office than any president created in a single four-year term. This achievement needs asterisks.
"We created more new jobs in two years than any president did in their entire term," Biden saidThe statement was an updated version of the message the White House sent in an Instagram post in October. Back then, we found the claimThe most basic way to look at Biden’s comparison is to measure job gains on each president’s watch without making any adjustments for time in office. We used official Labor Department data for every post-World War II president.
Using this metric, Biden’s showing is in the middle. The percentage increase was more than twice as big under Johnson, Reagan and Clinton than it has been under Biden. He also trails former Presidents Richard Nixon and Barack Obama using this method.stated on March 24, 2023 in an interview with Fox Business' Maria BartiromoBy Louis Jacobson • March 30, 2023
The elder Bush experienced one in the middle of his term, the younger Bush faced one at both the start and the end of his presidency, Obama entered office with the Great Recession raging, and Trump was in office when the coronavirus pandemic hit, which created a steep, if short-lived, recession. Only Clinton was lucky enough to avoid a recession.
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