By the Numbers

By David Cay Johnston

This article appeared in the August 3, 2009 edition of The Nation.

July 17, 2009



Since 1940, Republicans have controlled the White House for thirty-six years; Democrats for thirty-three. Yet Bureau of Labor Statistics data show that almost two-thirds of new jobs were created during Democratic administrations. What about the years since Reagan was elected, promising prosperity through lower taxes, balanced budgets and less regulation? The Clinton years resulted in 21 million jobs, more than two decades of Reagan, Bush I and Bush II. One last detail: these numbers reflect only private-sector jobs; including the public sector would widen the gap in the Democrats' favor.



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About David Cay Johnston

David Cay Johnston, who received a 2001 Pulitzer Prize for his coverage of the tax beat, is a columnist for Tax Notes and teaches the law of the ancient world at Syracuse University's law and management schools. He is the author of Free Lunch: How the Wealthiest Americans Enrich Themselves at Government Expense (and Stick You With the Bill) and Perfectly Legal: The Covert Campaign to Rig Our Tax System to Benefit the Super Rich--and Cheat Everybody Else. more...
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