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Tuesday, May 11, 2004

Lies, Lies, Lies

Atrios posts on the "fuzzy math" behind the good job numbers last month. Let's just say that Labor uses some creative estimation (to the tune of 270,000 jobs it's assuming were created in April.)

The president, last week:

This morning, we got some more good news about our economy. Last month, America added 288,000 new jobs. (Applause.) The economy has overcome a lot because the entrepreneurial spirit is strong. We've overcome a lot because of good policy. Since last August, we've added 1.1 million new jobs. People are finding work in this country. The tax relief we passed is working. (Applause.)
Enough already.

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