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Obama's Latest Whopper: He Created More Jobs Than Reagan!


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obama-created-half-as-many-jobs-as-reagan.htmInvestors Business Daily:

 

 

 

Campaign '12: Where are those allegedly unbiased fact-checkers when you need them? Like this week and the fantastic fib that Obama's deputy campaign manager told about job growth under the current president.

Here's Stephanie Cutter's quote in full — uttered Wednesday on MSNBC's "Morning Joe" — just so no one can accuse us of taking anything out of context:

"Well, I think that worker probably has a good understanding of what's happened over the past four years in terms of the president coming in and seeing 800,000 jobs lost on the day that the president was being sworn in, and seeing the president moving pretty quickly to stem the losses, to turn the economy around. And over the past, you know, 27 months we've created 4.5 million private-sector jobs. That's more jobs than in the Bush recovery (or) in the Reagan recovery."

You'd think that if the Obama campaign wanted to peddle outright fabrications, they'd at least do it so they weren't so easily debunked.

Not that the mainstream press, so deep in the tank for Obama, will bother.

But you don't have to look very hard to see that Cutter, as Obama might say, is "just making stuff up."

She starts counting private-sector job growth under Obama in February 2010 and, sure enough, in the 29 months since then (not 27 as Cutter says), there have been 4.5 million private-sector jobs created, according to the Bureau of Labor Statistics.

But keep in mind that February 2010 was fully eight months into the economic recovery. So Cutter has simply picked the worst month under Obama as her starting point, in order to make Obama's job growth look as impressive as possible.

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So, in fairness, let's do the same for Reagan and Bush.

In the aftermath of the 1981-82 recession, private-sector jobs bottomed out in December 1982, the month after that recession ended. Twenty-nine months later, the private sector under Reagan had created 8 million jobs — nearly twice as many as under Obama.Scissors-32x32.png


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