Tuesday, March 09, 2004

Steady Leadership In Times Of Change

The Big Picture gives us this other enlightening graph:

employment_index_term_beginning.bmp
Source: The Dismal Scientist

What I find amazing is the obvious fact that Clinton not only provided job growth throughout his term but that it was a consistently steady job growth! Some have tried to argue that Clinton benefited from the tech boom of the late 90s. But he was making hay even before the internet boom started.

TBP also gives us this money quote from The Economist:

"According to Gallup, every incumbent since Truman has been ahead of his eventual challenger at this point in the cycle -- all except Gerald Ford, who lost."

Woops!

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