National Journal Magazine – Repairing The Job Machine (Interesting read, even if you love Jesus.)

Put that in your tea bag and drink or smoke it. If you want I can come and tea bag you for a small fee as well.

Bush’s total, of course, was suppressed by the slowdown he inherited from Clinton and the full-scale meltdown during his last year. But even during the recovery in between, job growth lagged. In only eight of Bush’s 96 months did the economy create as many jobs as the 290,000 it did last month. Clinton exceeded that level 33 times. Reagan exceeded it 24. In all, the economy gained about 1.2 million jobs annually during the six years of recovery under Bush. It averaged about twice that during the expansion from March 1991 to February 2001.

This record suggests two conclusions. One is that there’s no evidence to support the argument from congressional Republicans that tax cuts offer a silver bullet for expanding employment. Job growth boomed after Reagan cut taxes, but expanded even faster after Clinton raised them, and then faltered despite two massive tax cuts under Bush. If tax rates are the critical factor in that record, the relationship is well disguised.

via National Journal Magazine – Repairing The Job Machine.