The Democratic Party:

Creating Economic Opportunity For All Americans

 

“I have a plan that will create millions of new, good-paying jobs and invest in the jobs of the future.  When I’m President, we’re going to close tax loopholes that pay companies to export our jobs overseas. We’ll enforce of our trade agreements and lead the fight so workers can organize when a majority of them want to.”                                                                Presumptive Democratic Nominee John Kerry

 



Printable Talking Points on Jobs and Unemployment



Democratically Engineered Economy: 22 million NET new jobs. Republican-Engineered Economy: Nearly 3 million jobs LOST more Democratically Engineered Economy: 22 million NET new jobs. Republican-Engineered Economy: Nearly 3 million jobs LOST less

President Bill Clinton’s economic leadership created 22 million net new jobs here in the United States. Since moving into the White House, George W. Bush’s failed fiscal leadership has lost nearly 3 million jobs. Bush has lost more jobs than any other administration since the Great Depression. His own Treasury Secretary essentially admitted Bush will end his term without regaining the jobs he lost AND failed to create more jobs than what were available when he entered office.

 

In his book Lies And The Lying Liars Who Tell Them, political satirist Al Franken reveals if Bush and his father had run the country from its inception, they would not have created a single new job. With a Kerry Administration, America will return to proven fiscal discipline that creates economic prosperity and good jobs here at home. Indeed, the American economy hasn’t been this bad since the last time we had a Republican - George Herbert Walker Bush - in the White House.



 

"[M]y economic security plan can be summed up in one word: JOBS."

George W. Bush

2002 State of the Union address, emphasis added



BUSH'S LEADERSHIP WEAKENS AMERICA'S ECONOMY more BUSH'S LEADERSHIP WEAKENS AMERICA'S ECONOMY less

“More jobs have been lost under Bush since Herbert Hoover and the Great Depression.”

- Joseph Stiglitz

Nobel Prize-winning economist

Chairman, President Clinton's Council of Economic Advisers.

[“Blowing the Whistle on Dubyanomics,” The Guardian, October 12, 2003]


BUSH’S TAX CUTS FAILED TO GENERATE JOBS PROMISED more BUSH’S TAX CUTS FAILED TO GENERATE JOBS PROMISED less
BUSH’S BUDGET DOES NOT CREATE JOBS, WON'T END INCENTIVES TO SHIP JOBS OVERSEAS more BUSH’S BUDGET DOES NOT CREATE JOBS, WON'T END INCENTIVES TO SHIP JOBS OVERSEAS less

Like Bush’s Budget, Republican Budget Does Not Create Jobs And Won't End Incentives To Ship Jobs Overseas. The Republican budget does nothing to create jobs here at home or end incentives for companies to ship jobs overseas, even though 3 million private sector jobs have been lost since the beginning of the Bush Administration. Instead, it provides billions in tax cuts for the very wealthiest taxpayers, creating large, long-term deficits that will undermine economic growth -- adding $300 billion to already record deficits. At the same time, it fails to make modest investments that could jumpstart the economy, including the Small Business Administration, manufacturing assistance, and job training, and fails to extend unemployment insurance for the millions of unemployed Americans.” [“Fact Sheet: Republican Budget and the Economy,” Office of House Democratic Leader Nancy Pelosi, March 24, 2004]

 

Bush budget fails to extend unemployment insurance for long-term unemployed. The Bush budget fails to include funding for an extension of unemployment insurance to help 4.6 million unemployed Americans, even though nearly 2 million people have been looking for work for over 6 months without having found a job. [“Fact Sheet: Republican Budget and the Economy,” Office of House Democratic Leader Nancy Pelosi, March 24, 2004]

 

For more information, see these resources:

“Fact Sheet: Republican Budget and the Economy -- How the Republican Budget Keeps America Mired in Jobless Recovery,” Office of House Democratic Leader Nancy Pelosi.

Radio Address: 'American Jobs Plan' Would Create Jobs and Keep Existing Jobs in America,” (In Spanish)

A New Agenda For Innovation

Outsourcing By the Numbers

Read our talking points documents on Small Business and Outsourcing.



AMERICA’S ECONOMY PROSPERED UNDER DEMOCRATIC LEADERSHIP more AMERICA’S ECONOMY PROSPERED UNDER DEMOCRATIC LEADERSHIP less

President Clinton’s economic stewardship created 22 million NET new private sector jobs. “Clinton went on to preside over the longest economic expansion in American history, adding 22 million jobs and slicing the unemployment rate nearly in half." [“Closing the Books on Clinton Era” The Business Review, January 29, 2001]

 

House Democratic Leader Nancy Pelosi (CA): "Today's announcement of 112,000 new jobs falls far short of expectations. ’While some Americans have found jobs, the nation is still experiencing a huge jobs deficit with nearly two million private sector jobs lost since President Bush took office-the worst economic record since the Great Depression. The average length of unemployment is at a 20 year high, and 11,000 manufacturing jobs were lost last month, with manufacturing employment remaining at a 53-year low.

 

America needs action now. …Clearly, President Bush and the Congressional Republicans' economic policies do not work, and they are unwilling to consider proposals that will. America is ready for a change.’" [“Pelosi Statement on New Jobs Numbers,” Press Statement, July 2, 2004]

 

Democratic Leader Hoyer: Republicans Just Cannot Admit The Obvious --Their Policies Are Failing. "Republicans just cannot admit the obvious: their policies are failing,’ said Rep. Steny Hoyer, D-MD., the Democratic whip in the House. ’The president has the worst record of job creation since the Great Depression, and his policies have instigated record budget deficits and exploding debt that will haunt us for a generation to come.’" [“June's Jobs Growth Slows to 112,000,” CBS News, July 2, 2004]

 

AFL-CIO Labor Federation President, John Sweeney: "President Bush's economic policies have left working America behind." [“June's Jobs Growth Slows to 112,000,” CBS News, July 2, 2004]

 

The Democratic Budget Invests in Job Creation, While Balancing the Budget. The Democratic budget calls for a manufacturing tax credit to create good jobs here at home, and invests in helping small manufacturers upgrade their technology and workforce to improve their competitiveness in the global marketplace. Since small business and a 21st century workforce are key to creating jobs, the Democratic plan restores the President's cut to small business loans and makes critical investments in job training to help workers in the global economy. To help people in this dismal economy, the Democratic plan extends unemployment insurance. The Democratic alternative does all this to improve job creation and bolster our economy, while balancing the budget in eight years.” [“Fact Sheet: Republican Budget and the Economy,” Office of House Democratic Leader Nancy Pelosi, March 24, 2004]

 

For more information, see “A State by State Report of the Bush 2005 Report: Bad for Middle Class Families, Bad for the Economy, Bad for America,” by House Democratic Leader Nancy Pelosi and Senate Democratic Leader Tom Daschle.



JOHN KERRY: RESTORING JOBS AND REBUILDING OUR ECONOMY more JOHN KERRY: RESTORING JOBS AND REBUILDING OUR ECONOMY less

“It’s time to remember a stronger America begins here at home,” Kerry said. “Our country is stronger when the machines are running, products are being made and people are cashing paychecks to care for their families. We need to do everything we can to keep and create new, high-paying jobs here in America. That’s why I’ll always stand by America’s workers in the fight to save their jobs.”

Democratic Presidential Candidate John Kerry



"Economic plans aren’t just about dollars and decimals. They’re about choices.  Time after time, this Administration has put ideology first and jobs last.  I’ve got a new economic plan for America that puts jobs first.  My pledge – and my plan – is for 10 million new jobs in the next four years.”                                                 Presumptive Democratic Nominee John Kerry



The Democratic Party:

Creating Economic Opportunity For All Americans