President Joe Biden said in a February speech in Philadelphia that more jobs were created in his two years in office than any president created in a single four-year term. This achievement needs asterisks.
Another problem is that these presidents served varying terms: Some served eight years, some served four, others served partial terms, and Biden himself has only served two years so far.
The elder Bush experienced one in the middle of his term, the younger Bush faced one at both the start and the end of his presidency, Obama entered office with the Great Recession raging, and Trump was in office when the coronavirus pandemic hit, which created a steep, if short-lived, recession. Only Clinton was lucky enough to avoid a recession.
Finally, it’s important to remember that although presidential job creation powers are real, they’re not unlimited. Presidential policy can affect the economy, such as improvement in the fight against the coronavirus partly because of Biden’s policies. Still, there are many other factors beyond a president’s control that can have an effect, including the health of the global economy and improvements in technology.
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