This was too good not to post.
The US economy has eight straight quarters of growth. That’s two years of economic improvement, versus only one quarter that the Democrats are using as a flimsy platform from which to attack Bush. But that’s not the best news. Unemployment, yes, is at 6.1%. But look at the number of people who are employed. According to the US Bureau of Labor, 1.6 million more Americans are employed than were employed at the end of Clinton’s presidency.

The number of people working in January, 2001, when George Bush took office: 136.0 million.
The number of people employed as of September 2003: 137.6 million.

Holy crap! Read on.

That’s right. There are 1.6 million more Americans working today than at the end of the Clinton administration. So, how is it that Democrats can claim millions of jobs lost under President Bush? And how come the unemployment rate is higher now than when Bush took office?
Simple. First, there have been layoffs. Lots of them. But layoffs don’t matter much if those people quickly find jobs. As the BLS stats show, many of them have found jobs. But the working-age population has grown faster than the number of jobs – according to the BLS, the civilian labor force numbered 142 million when Bush took office, and by September 2003 it had grown to 146.5 million. So even though the Bush economy – after two years of fitful growth – has achieved a level of employment unmatched in history, the unemployment rate still has risen, from 4.2 percent when George Bush took office to 6.1 percent now.
Five numbers are key ? the unemployment rate, the number of unemployed people, the number of employed people, and size of the workforce, and the ratio of employment to working-age population.
In September 2003, the unemployment rate of 6.1 percent reflects 9 million people unemployed. The employment-population ratio – the proportion of the population age 16 and older with jobs was 62.0 percent in September.
In January 2001, the month Bush took office, the number of unemployed rose by about 300,000 to nearly 6.0 million, pushing the unemployment rate to 4.2 percent. And the employment-population ratio was 64.5 percent.
The Clinton economy peaked in April 2000, just before the technology-driven stock market bubble burst. That month, the unemployment rate was 3.9 percent, total employment stood at 135.7 million, and the employment-population ratio stood at 64.9 percent, a record high.
By December of 2000, the last full month of Clinton’s administration, the unemployment rate had risen a bit to t 4 percent, there were 5.7 million people unemployed, and total employment stood at a new high of 135.8 million. But the employment-population ratio had fallen to 64.5 percent.

Um…just read the whole thing.
Via HobbesOnline