Well, nostones won one though he fails to note that it was the same rate Peanut Jimmy inherited from Unconditional Pardon Ford. But, "extremely Low" may be a little overstatement. Check BJ Bill's ending number, or Truman's, or Lyndon Bird's.
http://www.dailykos.com/story/2008/0...dent-and-Party
Sat Sep 27, 2008 at 01:43 PM PDT
Unemployment Rate by President and Party
With unemployment rising to 6.1% in August, it is worth asking the question
Which political party has a better record on reducing unemployment? The answer, not surprisingly, is the Democratic Party. And it is not even close...
Unemployment Rate by President
Civilian Unemployment Rate, U.S. Department of Labor: Bureau of Labor Statistics
period start end chng President Party
Jan 1949 Jan 1953 4.3 2.9
-1.4 Truman Democrat
Jan 1953 Jan 1957 2.9 4.2 +1.3 Eisenhower I Republican
Jan 1957 Jan 1961 4.2 6.6 +2.4 Eisenhower II Republican
Jan 1961 Jan 1965 6.6 4.9
-1.7 JFK/Johnson Democrat
Jan 1965 Jan 1969 4.9 3.4
-1.5 Johnson Democrat
Jan 1969 Jan 1973 3.4 4.9 +1.5 Nixon Republican
Jan 1973 Jan 1977 4.9 7.5 +2.6 Nixon/Ford Republican
Jan 1977 Jan 1981 7.5 7.5 0.0 Carter Democrat
Jan 1981 Jan 1985 7.5 7.3
-0.2 Reagan I Republican
Jan 1985 Jan 1989 7.3 5.4
-1.9 Reagan II Republican
Jan 1989 Jan 1993 5.4 7.3 +1.9 Bush, GHW Republican
Jan 1993 Jan 1997 7.3 5.3
-2.0 Clinton I Democrat
Jan 1997 Jan 2001 5.3 4.2
-1.1 Clinton II Democrat
Jan 2001 Jan 2005 4.2 5.2 +1.0 Bush, GW I Republican
Jan 2005 Aug 2008 5.2 6.1 +0.9 Bush, GW II Republican
Since 1928 there have been 13 president, 7 Republicans (Hoover, Eisenhower, Nixon, Ford, Reagan, Bush Sr, and Bush Jr) and 6 Democrats (FDR, Truman, JFK, Johnson, Carter and Clinton).
Six of the seven Republican Presidents had unemployment
increase while in office. Ronald Reagan is the only Republican President since 1928 to leave office with a lower unemployment rate.
All six Democratic Presidents had unemployment
decrease or stay the same while in office. The worst Democratic performance was Jimmy Carter, who had the same unemployment rate when he left office as when he entered.
Viewing the President's 4 year term gives an even more pronounced effect.
Of the Republican President's 9 terms, unemployment has
increased in 7 of the 9 terms.
Of the Democratic President's 10 terms, the unemployment rate
never increased.
Here is the same list, sorted by decrease in the unemployment rate.
Civilian Unemployment Rate, U.S. Department of Labor: Bureau of Labor Statistics
period start end chng President Party
Jan 1993 Jan 1997 7.3 5.3
-2.0 Clinton I Democrat
Jan 1985 Jan 1989 7.3 5.4 -1.9 Reagan II Republican
Jan 1961 Jan 1965 6.6 4.9
-1.7 JFK/Johnson Democrat
Jan 1965 Jan 1969 4.9 3.4
-1.5 Johnson Democrat
Jan 1949 Jan 1953 4.3 2.9
-1.4 Truman Democrat
Jan 1997 Jan 2001 5.3 4.2
-1.1 Clinton II Democrat
Jan 1981 Jan 1985 7.5 7.3 -0.2 Reagan I Republican
Jan 1977 Jan 1981 7.5 7.5
0.0 Carter Democrat
Jan 2005 Aug 2008 5.2 6.1 +0.9 Bush, GW II Republican
Jan 2001 Jan 2005 4.2 5.2 +1.0 Bush, GW I Republican
Jan 1953 Jan 1957 2.9 4.2 +1.3 Eisenhower I Republican
Jan 1969 Jan 1973 3.4 4.9 +1.5 Nixon Republican
Jan 1989 Jan 1993 5.4 7.3 +1.9 Bush, GHW Republican
Jan 1957 Jan 1961 4.2 6.6 +2.4 Eisenhower II Republican
Jan 1973 Jan 1977 4.9 7.5 +2.6 Nixon/Ford Republican
Hey there, Yiddish Barista, that's why the illegals are here. Get busy and bump your yard crew's rate. Got any other domestic help over there in Highland Park? An au pair or governess? Maybe you need to go to work for "The Hammer" on the side if that crowds your trust fund too much.