“ If there was any lingering doubt, yesterday’s news that the economy lost 17,000 jobs in December — the first month of job losses since 2003 — should verify that we are entering, if we aren’t already in, a recession, the second of the Bush/GOP decade. The GOP is worried about a popular repudiation of its neoliberal Chicago-school style economic program, and rightly so: the Bush/GOP economic expansion of 2002-2007 has been the weakest since the Great Depression. There is no more hiding from the facts. In recent diaries I’ve told you about the how the 1920s credit bubblemirrored this decade, and how the ensuing housing slump looks to be the worst since the Great Depression. In this diary I will lay out for you simply and clearly just how awful the GOP record of job creation has been, and where the growth has gone.
GOP’s job creation: Worst since the Great Depression
