Former President Bill Clinton’s speech at the Democratic National Convention delivered a striking blow to the long-held Republican narrative that their presidents are better for the economy. In his address, Clinton presented a statistic that seemed almost unbelievable: since the end of the Cold War in 1989, Democratic presidents have overseen the creation of 50 million new jobs, while Republican presidents have managed only one million. This bold claim, Clinton assured, was triple-checked before being presented.
Washington Post fact checker Philip Bump took it upon himself to verify Clinton’s assertion, and the results confirmed the former president’s statement as entirely accurate. Bump’s analysis revealed that since 1989, six presidents have taken office, three from each major party. Under the Democratic presidents—Clinton himself, Barack Obama, and Joe Biden—the United States saw a cumulative job growth of 50 million. In stark contrast, the Republican presidents during this period—George H.W. Bush, George W. Bush, and Donald Trump—presided over a mere one million net jobs created.
The disparity is startling and highlights a significant gap in economic outcomes under the leadership of the two parties. However, Bump was quick to caution against attributing these numbers solely to the policies of the respective presidents. He noted that external economic factors, such as global markets, technological advancements, and natural economic cycles, often play a more substantial role in job creation and unemployment rates than the actions of any one administration.
Nevertheless, the figures are hard to ignore. Bump further delved into the data by comparing job growth under Trump and Biden, excluding the period during which the COVID-19 pandemic wreaked havoc on the U.S. economy. This adjustment was made to provide a clearer comparison of each president's economic impact without the distortion caused by the unprecedented global health crisis.
The results of this adjusted analysis showed that in 2018 and 2019, under Trump’s administration, the U.S. economy added 4.3 million jobs. In contrast, during 2022 and 2023, under Biden’s leadership, the country saw the addition of 7.5 million jobs. The numbers are unambiguous: Biden’s job creation outpaced Trump’s by a significant margin, even when accounting for the extraordinary circumstances brought about by the pandemic.
While it’s clear that multiple factors influence job growth, Clinton’s claim at the DNC stands as a powerful reminder of the economic achievements under Democratic leadership in recent decades. The fact check not only validates Clinton’s assertion but also raises questions about the narratives often espoused by both parties regarding their economic stewardship.
As the country continues to navigate the complexities of economic recovery in a post-pandemic world, these figures will likely play a crucial role in shaping the economic debates leading up to the next election. The contrast in job creation records between the parties offers voters a tangible metric by which to assess the economic promises of future candidates.


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