Thursday, April 23, 2009

Job Growth of Presidents compared with Population Growth

Is America really the "Land of Opportunity" preached about in the third world? Or, over the last 50 years, has our job growth been so slow, so anemic, in comparison to population growth, that we can no longer claim to be offering opportunity to our citizens, let alone new immigrants?

I've seen a couple of obvious partisan attacks on Bush the Younger- and he certainly deserves to be attacked, with only a 13.6% of the new workers in this country finding new jobs for them to move into- but I wanted the bigger picture, and that link above at least gave me a chart to play with. I'm placing it here until I can flesh this out into a post fit for my blog at Economic Populist.

I'll be putting these numbers into a spreadsheet and graphing them when I get time, but as you can see, America has definitely failed over the last couple of decades to add enough new jobs to exceed population growth, which means everybody claiming that America needs immigrants to fill jobs is lying.

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Oustside The Asylum by Ted Seeber is licensed under a Creative Commons Attribution-ShareAlike 3.0 United States License.
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