Friday, May 22, 2015

Chris Christie: No, I Really Don't Know Anything About Jimmy Carter At All

A little late to this, but I did feel the need to comment on it. Last week, New Jersey governor, and former Sopranos extra, Chris Christie, was campaigning in New Hampshire, and gave a speech criticizing President Obama's supposed failed economic policies. Factcheck.org has a nice little round up of all the fun ways Christie mangled the economic data to reach his conclusions, but I wanted to focus on one specific line he said in his speech:

This weak growth is no coincidence. It is the direct result of the policies of this president, the worst economic president since Jimmy Carter.
I know Republicans have been nurtured since birth to despise and mock Jimmy Carter, but would  it really be too much trouble to have a modicum of knowledge about what actually happened under his administration?

Say what you will about Carter, but contrary to conservative legend, his economic record wasn't particularly terrible. Here are the total net jobs created under every president since Carter:


Carter: ~10 million
Reagan: ~16 million
Bush I: ~2.6 million
Clinton: ~ 23 million
Bush II: ~1.3 million
Obama: ~ 7.3 million


Well, aren't these some interesting numbers?

From 1977 to 1980, Carter presided over the creation of roughly 10 million jobs. Not too shabby! His successor, the greatest President since the founding of our country, Ronald Reagan, presided over roughly 16 million jobs. Of course, unlike Carter, Reagan's numbers were over the course of eight years as opposed to four. Yes, the rate of job growth was actually higher under the wretched Jimmy Carter than under Ronaldus Magnus!

But notice which president appeared to do the worst job at creating jobs in the past 40 years? Why that would be our most recent Republican president, whose brilliant supply-side powered economy created a pathetic 1.3 million jobs over the course of eight years. President Obama's numbers may not be the most impressive, historically speaking, but they absolutely obliterate ole' Dubya's performance.

If Christie needed to reference a president with a terrible economic track record to compare Obama to, he didn't have to go back too far in time to do so.

2 comments:

  1. I don't have anything productive to add to this; I've just come here to say that 'former Sopranos extra' made me chuckle immoderately.

    ReplyDelete
    Replies
    1. Thank you!

      Also, if you don't mind me asking, how did you come upon this story? Just out of curiosity.

      Delete

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