POTUS Cheerleading Pelosi’s Job Report Falls Short of Facts

Nancy Pelosi says more jobs created in Obama’s first year than eight years of George W. Bush

The Truth-O-Meter|PolitiFact

During a May 16, 2011, interview with Bloomberg television, House Minority Leader Nancy Pelosi, D-Calif., praised President Barack Obama’s record on jobs while taking a shot at former President George W. Bush.

“In the first year of the Obama administration, more jobs were created in the private sector than in the eight years of the Bush administration.” – Nancy Pelosi on Monday, May 16th, 2011 in an interview with Bloomberg television

“We got in this situation where we had tax cuts for the wealthiest people in our country, which did not create jobs,” she said. “In the first year of the Obama administration, more jobs were created in the private-sector than in the eight years of the Bush administration, with all of the tax cuts that President Bush had.”

According to the Bureau of Labor Statistics, the economy shed almost 4.2 million private-sector jobs during the first year of the Obama administration — January 2009 through January 2010.

Meanwhile, during eight years under Bush, the economy gained a net 188,000 private sector jobs.

So while job growth under Bush was anemic by historical standards, it was still better than the 4.2 million jobs lost under Obama. That means Pelosi was wrong.

A Pelosi spokesman, Nadeam Elshami, told PolitiFact that Pelosi simply misstated a talking point that she’d used many times before. In one variation provided by her office, Pelosi sent out a news release that said in part, “America has had 12 consecutive months of private-sector job gains totaling 1.5 million. That is more private-sector jobs than were added in the eight years of the Bush Administration.”

But when we checked a similar incarnation of this talking point, we only gave it a Half True — technically correct, but misleading due to cherry picking.

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