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Since 1981, federal budget deficits have increased under Republican presidents Ronald Reagan, both Bushes, and Trump, while deficits have declined under Democratic presidents Clinton and Obama. The economy ran surpluses during Clinton's last four fiscal years, the first surpluses since 1969.
For example, for President Obama, the computation takes the 145.815 million jobs of February 2017 and subtracts the 133.312 million jobs of February 2009 to arrive at the 12.503 million figure. Four of the top five presidents in terms of total jobs added were Democrats.
President Obama declared the bailout measures started under the Bush administration and continued during his administration as completed and mostly profitable as of December 2014. [11] As of January 2018, bailout funds had been fully recovered by the government, when interest on loans is taken into consideration.
"The economy is not in recovery," Mitt Romney said at a pre-debate rally in Denver. "We're not seeing the real recovery. The president's policies have not worked. He doesn't get that. He doesn't ...
Jim Watson/AFP/Getty ImagesCEOs meet at the White House The news this past Friday was that the unemployment rate has dropped to 6.6 percent. Meanwhile, 1.7 million Americans are impacted by the ...
The Center on Budget and Policy Priorities (CBPP) wrote in March 2009: "Small business employment rose by an average of 2.3 percent (756,000 jobs) per year during the Clinton years, when tax rates for high-income filers were set at very similar levels to those that would be reinstated under President Obama's budget. But during the Bush years ...
State of the Union speeches provide a chance for the president to look forward. Given the great recession of the last two years, President Obama had more-than-average reasons to focus his speech ...
Obama presents his first weekly address as President of the United States on January 24, 2009, discussing the American Recovery and Reinvestment Act of 2009 Job Growth by U.S. president, measured as cumulative percentage change from month after inauguration to end of term. 2016 was the first year U.S. real (inflation-adjusted) median household income surpassed 1999 levels.