Here are the true numbers for private jobs created by these Presidents in office:
- Reagan: zero
- Obama: zero
Just once I would like to see a Presidential candidate answer:
"Why, I didn't create a single private job in office. Anyone I hire is by definition a public employee. The best I can do is to keep government out of the way, as much as possible, of the private individuals who do create new businesses and new products and new technologies that tend to lead to more private employment. The worst thing I can do is to try to be investment-banker-in-chief. Every dollar I hand to some company I like is money taken out of the hands of 300 million private individuals, who collectively know a hell of a lot more than I as to what makes for a better business investment (and by the way they have far better incentives that I as well, since they are investing their own hard-earned money, and should I develop the hubris to play the stimulus game, I would be investing your hard-earned money."