Job Creation Falters Under Bush/Clinton Tax Increases
The effects of higher taxes and increased government regulation have been painfully felt by working Americans, particularly those who have not been able to find jobs. Just one year after emerging from the recession, employment grew 3.5 percent under Reagan. [4] At the same point in the current recovery, employment actually fell 0.2 percent. Under the Bush/Clinton recovery, 7.5 million jobs have been created in the past four years (Figure 2).
While this may seem substantial, it pales in comparison to the 11.5 million jobs created in the first four years of the Reagan recovery.
Job Creation Falters Even More After Obama/Democrat Stimulus bill
