Current Events — HabitableZone

Current Events » in reply to Quote does not compare Bush to Hoover...

re: Quote does not compare Bush to Hoover...

The statistical Hoover comparison is a silly one, going solely by the concept that there were fewer payroll jobs at the end of Hoovers term than at the beginning.

This is a graph of the unemployment rate since 1948 (as far back as the statistics page goes):

http://data.bls.gov/labjava/servlets/graphics/generated_graphs/LNS14000000_58556_1093484161422.gif


As you can see, other presidents hit some rough spots, too. A little perspective is useful here.

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