Wednesday, September 5, 2012

The Math of Democrats

Having watched the Republican convention last week, I tuned in to the Democratic convention last night. It is amazing how people on two sides can take the same numbers and see them as completely different. Democrat after Democrat claimed that there are more jobs since Obama took office, that things are looking up.

When Sean Hannity gave them the real numbers of unemployed, they countered by twisting those stats to make it look as if Americans are actually better off. And then concluded by saying we gave George Bush 8 years to get us into this mess, we have to give Obama 8 years to get us out. No dealing with the actual debt this President has racked up; he has borrowed more money in three and a half years than Bush did in eight.

Fortunately, some of the mainstream press is beginning to smell a rat here.

The number Castro cites is an accurate description of the growth of private-sector jobs since January 2010, when the long, steep slide in employment finally hit bottom. But while a total of 4.5 million jobs sounds great, it's not the whole picture.

While that is indeed a gain of 4.5 million, it's only a net gain of 300,000 over the course of the Obama administration to date. The private jobs figure stood at 111 million in January 2009, the month Obama took office.

According to a study released last week by the liberal-leaning National Employment Law Project, low-wage fields such as retail sales and food service are adding jobs nearly three times as fast as higher-paid occupations.

The figure of 4.5 million jobs is accurate if you look at the most favorable period and category for the administration. But overall, there are still fewer people working now than when Obama took office at the height of the recession.
CNN Fact Check: About those 4.5 million jobs

Is it any wonder that Hannity says "why is it when I talk to you Democrats, you seem to be in a trance?" Perhaps Obama will have met his nemesis in Paul Ryan, the walking-talking numbers guy.

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