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I believe that 09/11/2001 had an impact on jobs. I’m not convinced it should have had this significant an impact. And to buttress that belief, note that the jobs didn’t rebound in Bush’s second term.

As the economy picked up speed after 09/11/2001, jobs should have rebounded. Even in Bush’s second term, that didn’t happen. Then the lending fiasco hit, and there was another problem to deal with. Obama’s first term was a not growth period as well. (very little)

During the three terms we should have seen about 28.5% growth.

That’s a massive number of jobs, on the order of 40 million of them.

I believe that trade with China, NAFTA, and outsourcing were the key factors in sustained non-growth. Then there’s the issue of 30 million illegals in country competing for jobs. These would not generally be high paying jobs, but they unquestionably affect the number of U. S. Citizens who hold down jobs.

I believe 09/11/2001 and the lending meltdown in 2008 were significant enough events that we have to attribute job loss to them, and even significant job losses. Where I find weakness in attributing all our problems to them during this 12 year period, is that the jobs just didn’t rebound during recovery.

I’ve worked up the numbers through 2013. I need to go back in and check out growth this term under Obama. That should reveal some things. If there has been significant rebound, it might reveal less impact from the issues I accredited with negative impact.

If we’re still seeing sluggish grown, it will be undeniable that those are the main factors. IMO