{"id":55406,"date":"2015-10-01T12:00:51","date_gmt":"2015-10-01T17:00:51","guid":{"rendered":"http:\/\/www.shotinthedark.info\/wp\/?p=55406"},"modified":"2015-10-01T12:40:15","modified_gmt":"2015-10-01T17:40:15","slug":"low-expectations-2","status":"publish","type":"post","link":"http:\/\/www.shotinthedark.info\/wp\/?p=55406","title":{"rendered":"Low Expectations"},"content":{"rendered":"<p>Democrats are fond of trying to find statistics that try to show that the Obama Administration has not been a complete economic disaster.<\/p>\n<p>One way is via a blizzard of charts that claim to show a long series of months with job growth:<\/p>\n<div id=\"attachment_55410\" style=\"width: 523px\" class=\"wp-caption alignnone\"><a href=\"http:\/\/www.shotinthedark.info\/wp\/wp-content\/uploads\/2015\/09\/Raw-Numbers.png\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-55410\" class=\"wp-image-55410 size-full\" src=\"http:\/\/www.shotinthedark.info\/wp\/wp-content\/uploads\/2015\/09\/Raw-Numbers.png\" alt=\"Raw Numbers\" width=\"513\" height=\"263\" srcset=\"http:\/\/www.shotinthedark.info\/wp\/wp-content\/uploads\/2015\/09\/Raw-Numbers.png 513w, http:\/\/www.shotinthedark.info\/wp\/wp-content\/uploads\/2015\/09\/Raw-Numbers-300x154.png 300w, http:\/\/www.shotinthedark.info\/wp\/wp-content\/uploads\/2015\/09\/Raw-Numbers-500x256.png 500w\" sizes=\"auto, (max-width: 513px) 100vw, 513px\" \/><\/a><p id=\"caption-attachment-55410\" class=\"wp-caption-text\">&#8220;It&#8217;s Bush&#8217;s fault! It&#8217;s Bush&#8217;s fault!&#8221;<\/p><\/div>\n<p>Of course, as Mark Twain once said &#8211; and it&#8217;s a cliche I almost regret to say &#8211; but there are three types of data; lies, damned lies, and statistics put out to defend Democrat economic policy.<\/p>\n<p>A graph will look very, very different, and depict very different things, depending on the two dimensions you select, as Philip Bump <a href=\"http:\/\/www.washingtonpost.com\/news\/the-fix\/wp\/2014\/09\/09\/so-which-president-was-best-at-creating-jobs-anyway\/?postshare=8651443499479444\">points out in the Wall Street Journal<\/a>.<\/p>\n<p>Obama looks best when you compare his job creation record with the day he took office &#8211; a graph which, by the way, has some liberals chortling, in that it makes Jimmy Carter look like a boss job creator:<\/p>\n<p><a href=\"http:\/\/www.shotinthedark.info\/wp\/wp-content\/uploads\/2015\/09\/Versus-First-Month.png\"><img loading=\"lazy\" decoding=\"async\" class=\"alignleft size-full wp-image-55409\" src=\"http:\/\/www.shotinthedark.info\/wp\/wp-content\/uploads\/2015\/09\/Versus-First-Month.png\" alt=\"Versus First Month\" width=\"661\" height=\"552\" srcset=\"http:\/\/www.shotinthedark.info\/wp\/wp-content\/uploads\/2015\/09\/Versus-First-Month.png 661w, http:\/\/www.shotinthedark.info\/wp\/wp-content\/uploads\/2015\/09\/Versus-First-Month-300x251.png 300w, http:\/\/www.shotinthedark.info\/wp\/wp-content\/uploads\/2015\/09\/Versus-First-Month-359x300.png 359w\" sizes=\"auto, (max-width: 661px) 100vw, 661px\" \/><\/a><\/p>\n<p>Of course, Clinton is the champ &#8211; he&#8217;s the only two-term president since World War II that didn&#8217;t have a recession on his watch &#8211; thanks, of course, to Ronald Reagan and the Peace Dividend, as well as Newt Gingrich stifling the worst of Bill and especially Hillary&#8217;s agenda. \u00a0Clinton was a champ in spite of himself, and largely due to his opposition.<\/p>\n<p>We also note that more jobs were created on Dubya&#8217;s watch in three years than in six and a half of Obama; remember, Dubya had the 9\/11 recession\u00a0<em>and\u00a0<\/em>the housing bubble in his eight years.<\/p>\n<p>But isn&#8217;t comparing job growth versus a president&#8217;s first day in office a little artificial?<\/p>\n<p>Sure. \u00a0Let&#8217;s compare presidents with their administration&#8217;s low points:<\/p>\n<p><a href=\"http:\/\/www.shotinthedark.info\/wp\/wp-content\/uploads\/2015\/09\/Versus-Low.png\"><img loading=\"lazy\" decoding=\"async\" class=\"alignleft size-full wp-image-55408\" src=\"http:\/\/www.shotinthedark.info\/wp\/wp-content\/uploads\/2015\/09\/Versus-Low.png\" alt=\"Versus Low\" width=\"638\" height=\"547\" srcset=\"http:\/\/www.shotinthedark.info\/wp\/wp-content\/uploads\/2015\/09\/Versus-Low.png 638w, http:\/\/www.shotinthedark.info\/wp\/wp-content\/uploads\/2015\/09\/Versus-Low-300x257.png 300w, http:\/\/www.shotinthedark.info\/wp\/wp-content\/uploads\/2015\/09\/Versus-Low-350x300.png 350w\" sizes=\"auto, (max-width: 638px) 100vw, 638px\" \/><\/a><\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>So in other words, Obama&#8217;s like Nixon. \u00a0I wasn&#8217;t very old at the end of the Nixon administration, but we all know what a lousy time that was.<\/p>\n<p>But of course, the population has changed; Reagan added 17 million jobs in a population that was around 260 million. \u00a0Obama has added nine million jobs in a nation of 315 million (although nobody&#8217;s really counting anymore). \u00a0So how about we measure this in terms of concrete percentages?<\/p>\n<p><a href=\"http:\/\/www.shotinthedark.info\/wp\/wp-content\/uploads\/2015\/09\/Versus-Population.png\"><img loading=\"lazy\" decoding=\"async\" class=\"alignleft size-full wp-image-55407\" src=\"http:\/\/www.shotinthedark.info\/wp\/wp-content\/uploads\/2015\/09\/Versus-Population.png\" alt=\"Versus Population\" width=\"652\" height=\"447\" srcset=\"http:\/\/www.shotinthedark.info\/wp\/wp-content\/uploads\/2015\/09\/Versus-Population.png 652w, http:\/\/www.shotinthedark.info\/wp\/wp-content\/uploads\/2015\/09\/Versus-Population-300x206.png 300w, http:\/\/www.shotinthedark.info\/wp\/wp-content\/uploads\/2015\/09\/Versus-Population-438x300.png 438w\" sizes=\"auto, (max-width: 652px) 100vw, 652px\" \/><\/a><br \/>\nAs anyone who was looking for work back then knows, life under Reagan was infinitely better; the economy added a higher <em>percentage<\/em> of jobs\u00a0<em>in the quarter after the end of the&#8217;82 recession\u00a0<\/em>than it has in the six years of the Obama recovery.<\/p>\n<p>Print out that last graph. \u00a0Share it with your liberal friends.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Democrats are fond of trying to find statistics that try to show that the Obama Administration has not been a complete economic disaster. One way is via a blizzard of charts that claim to show a long series of months with job growth: Of course, as Mark Twain once said &#8211; and it&#8217;s a cliche [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[57,68,16],"tags":[],"class_list":["post-55406","post","type-post","status-publish","format-standard","hentry","category-economy-and-the-market","category-capitalism-v-socialism","category-conservatism"],"_links":{"self":[{"href":"http:\/\/www.shotinthedark.info\/wp\/index.php?rest_route=\/wp\/v2\/posts\/55406","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/www.shotinthedark.info\/wp\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.shotinthedark.info\/wp\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.shotinthedark.info\/wp\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/www.shotinthedark.info\/wp\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=55406"}],"version-history":[{"count":2,"href":"http:\/\/www.shotinthedark.info\/wp\/index.php?rest_route=\/wp\/v2\/posts\/55406\/revisions"}],"predecessor-version":[{"id":55424,"href":"http:\/\/www.shotinthedark.info\/wp\/index.php?rest_route=\/wp\/v2\/posts\/55406\/revisions\/55424"}],"wp:attachment":[{"href":"http:\/\/www.shotinthedark.info\/wp\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=55406"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.shotinthedark.info\/wp\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=55406"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.shotinthedark.info\/wp\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=55406"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}