Though job creation was slow immediately following the recession and during the first stages of the recovery, it had increased dramatically by late 2002 and 2003.
1.4 million jobs were added in the nine months after August 2003 (the 2003 tax cuts were signed into law in late May 2003).
The unemployment rate remained steady at 5.6 percent in May 2004, well below its peak of 6.3 percent a year ago.
The Treasury Department estimates that without the tax relief, as many as 1.5 million more Americans would be out of work right now, and the unemployment rate would be well over 7 percent.
Well, sure, they talk about jobs added, but what about jobs saved? They didn’t mention that, and we all know our beneficent and to-be-hailed Obamassiah has saved billions - nay, TRILLIONS - of jobs!