2008 State of the Union address: on Jobs

George W. Bush: FactCheck: Yes, 52 months of job growth, but at lower wages

Bush put the best face he could on the weak job growth and stagnant wages plaguing the economy, which many economists fear is on the brink of the second recession to strike his administration. Bush said, “America has added jobs for a record 52 straight months, but jobs are now growing at a slower pace. Wages are up, but so are prices for food and gas.”

It’s true that the number of consecutive months in which the economy has added jobs is the longest on record, but the number of jobs gained is not. The pace of job creation was far stronger during the Clinton administration, when 22.7 million new jobs were added despite seven months that saw slight declines. Since Bush’s “record” run began in August 2003, the gain has been 8.3 million. It’s true that wages are up: Average weekly earnings for rank-and-file workers were $605.96 in Dec. 2007, compared with $578.67 a year earlier. But after adjustment for rising prices, the buying power of the average weekly paycheck actually declined.

Source: FactCheck.org on 2008 State of the Union address Jan 28, 2008

  • The above quotations are from 2008 State of the Union address to Congress, plus the Democratic Response: Jan. 28, 2008.
  • Click here for definitions & background information on Jobs.
  • Click here for other issues (main summary page).
  • Click here for more quotes by George W. Bush on Jobs.
2016 Presidential contenders on Jobs:
Gov.Jeb Bush(FL)
Dr.Ben Carson(MD)
Gov.Chris Christie(NJ)
Sen.Ted Cruz(TX)
Carly Fiorina(CA)
Gov.Jim Gilmore(VA)
Sen.Lindsey Graham(SC)
Gov.Mike Huckabee(AR)
Gov.Bobby Jindal(LA)
Gov.John Kasich(OH)
Gov.Sarah Palin(AK)
Gov.George Pataki(NY)
Sen.Rand Paul(KY)
Gov.Rick Perry(TX)
Sen.Rob Portman(OH)
Sen.Marco Rubio(FL)
Sen.Rick Santorum(PA)
Donald Trump(NY)
Gov.Scott Walker(WI)
Gov.Lincoln Chafee(RI)
Secy.Hillary Clinton(NY)
V.P.Joe Biden(DE)
Gov.Martin O`Malley(MD)
Sen.Bernie Sanders(VT)
Sen.Elizabeth Warren(MA)
Sen.Jim Webb(VA)

2016 Third Party Candidates:
Gov.Gary Johnson(L-NM)
Roseanne Barr(PF-HI)
Robert Steele(L-NY)
Dr.Jill Stein(G,MA)
Please consider a donation to OnTheIssues.org!
Click for details -- or send donations to:
1770 Mass Ave. #630, Cambridge MA 02140
E-mail: submit@OnTheIssues.org
(We rely on your support!)

Page last updated: Feb 24, 2019