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"Since 1961, for 52 years now, the Republicans have held the White House 28 years, the Democrats 24. In those 52 years, our private economy has produced 66 million private-sector jobs. So what’s the jobs score? Republicans, 24 million; Democrats, 42."
The statistic comes from a May report by Bloomberg News. Clinton did not brag about it, but the chart shows that Clinton was responsible for half of the total for Democrats - 21 million jobs over eight years. On the GOP side of the ledger, Ronald Reagan accounted for 63 percent of his party’s total during his two terms in office.
This demonstrates why this is a nonsense fact: It’s a bit silly to suggest that a president is directly responsible for every job lost or created as soon as he takes the oath of office. Clinton, for instance, arrived in the White House just as a recession was ending - and just as the computer revolution was about to begin, boosting productivity and spawning huge fortunes in the stock market.
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