header

header

Thursday, August 23, 2012

OBAMA CAMPAIGN CAUGHT PULLING ANOTHER FAST ONE

ANOTHER FAST ONE
 
 
 
 
 
 


Visit NBCNews.com for breaking news, world news, and news about the economy
Willie Geist, MSNBC: What would you say to that same person that said, 'Well, that hasn't worked for four years. I haven't had the job over time, it's time for a change.'
Stephanie Cutter, Obama deputy campaign manager: 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, in the Reagan recovery, there's obviously more we need to do, and as I said to Mika at the at beginning of the program, I think that unemployed worker probably sees one person in this race trying to move the country forward and that's the president.
 
The Obama campaign is cherry-picking the numbers…
Job Growth
· Obama: Cutter counts the job gains from the low point of Obama’s term forward. The low point was February 2010 when U.S. nonfarm payrolls measured 129,244,00. In July, they measured 133,245,000 for a gain of 4.0 million jobs in 27 months
· Reagan: If you measure the Reagan recovery the same way, he created 8.0 million new jobs in 27 months.
· Bush: And if you measure the Bush recovery the same way, the low point was in August 2003 when U.S. employment stood at 129,820,00. But 27 months later, the figure was 134,654,000 in November 2005 — a gain of 4.8 million jobs.
In this recovery, we’re still down over 3 million private sector jobs. By any number of measures, according to the AP, this recovery has been the weakest since WWII.

http://nation.foxnews.com/stephanie-cutter/2012/08/22/obama-camp-claims-it-created-more-jobs-reagan

No comments:

Post a Comment