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No Joke: Chris Matthews Asks GOP to Credit Obama for ‘Amazing Economy’ OMG!!
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In case you missed it, the February jobs report on Friday contained some encouraging news. National Journal’s Michael Hirsh wrote that the BLS numbers gave President Obama “what he’s wanted for four years: an unemployment rate that’s below where he started as president, 7.7 percent.” But Hirsh was guarded in his optimism, also acknowledging that “things are not really as good as the numbers suggest, and they are all but certain to get worse.”
No such considerations entered into the mind of Chris Matthews Friday night when he wondered aloud on “Hardball” when Republicans were going finally make sure that Obama got “credit for this amazing economy that’s coming back.”
Reality, however, is not quite as clearcut as the cheering Matthews would have Americans believe. The report itself quantifies how grim things are. While 236,000 Americans found jobs in February, 296,000 stopped looking. Once an unemployed person has run through 99 weeks of unemployment compensation, moreover, he no longer exists in the eyes of the Labor Department’s statisticians, and is thus no longer counted as unemployed.
[link to newsbusters.org]
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