So is the monthly average of 114,000 new jobs created since the administration's 2003 tax cuts were enacted. This average also falls well short of the 306,000 new jobs the White House Council of Economic Advisors predicted would be created each month if those tax cuts took effect. (See graph below.)
The evidence clearly shows the administration's economic policies have not worked as advertised. We now have a long way to go to make-up for lost time and must replace current ineffective policies with ones that would create the strong labor market this nation needs and deserves.