5m Biden Jobs, Twice As Many As 2 Bushes, Trump Combined

Oct 9th - So, with the September jobs report now in, NDN's jobs tracker clocks in at:

34m jobs - 16 years of Clinton, Obama

4.8m jobs - 8 months of Biden

2m jobs - 16 years of Bush, Bush and Trump

Remarkably, Biden's nearly 5m jobs is already twice as many than were created in the 16 years of the last 3 Republican Presidencies, combined.  It is also millions more than were created in the entirety of any of their three individual Presidencies.  Many millions more.

What this data tells us is that since this new age of globalization began in 1989, a modern and forward looking Democratic Party has repeatedly seen strong economic growth on its watch.  Republican Presidents, on the other hand, have overseen three consecutive recessions - the last two, severe. The contrast in performance here is very stark, it is not a stretch to state that the GOP’s economic track record over the past 30 years has been among the worst in the history of the United States.  

GDP growth tells a similar story:

And look at the jobs created per month over these Presidencies - Rs at just 10k per month over 16 years.  Biden is running more than 60 times times that so far in 2021.  Yes 60x.  

The bottom line is that Democratic policies have repeatedly been able to make globalization work for the American people in this new and challenging age.  GOP policies have repeatedly failed to deliver, as a national party Republicans have repeatedly failed to do their part.  For those looking for reasons why America has not made more progress in this era, reactionary Republican policies appear to be a very good place to start.   

It is our firm belief here at NDN that the current radicalization of the GOP is intimately linked to its repeated failure to handle the challenges of the post-Cold War era.  The rigid ideological approach of the modern GOP has left it unable to govern in a time of rapid change; and those repeated failures have left many Republicans angry, reactionary and willing to do the unthinkable to stay in or regain power.  The modern GOP has no answers for many of the most important challenges America faces today, and rather than modernizing, adapting, as all institutions must in a time of change, the GOP has decided to fight the future by rigging the system to remain in power while the country and its people drift from their narrow grasp. 

It is why Democrats must fight so hard to prevent Republicans from once again cheating their way into power, and establishing a sustained period of minority rule.  It is not just a betrayal of the great American experiment, but it will guarantee, as the data here strongly argues, a period of extended decline as much needed progress on the big challenges we face will be further delayed. 

This argument – about the success Democrats have achieved through modernization, and the failures of the GOP for their refusal to do so – is at the very core of our presentation, With Democrats Things Get Better.  We are presenting it next this Friday, October 15th.  You can learn more about these arguments, sign up to see the 10/15 With Dems, or see a recording of our last presentation from September 24th here.  If you liked this analysis, you will love With Dems.  Join us!

Update - This research gets a nice shoutout in a new David Rothkopf essay in USA Today about Biden's economic agenda and success so far. Mike Tomasky also gives this work nice treatment in a Daily Beast essay, "Everyone Does Better When the President's a Democrat."