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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.
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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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