A few days ago the BLS released some new employment numbers and as soon as they were released, the spinning began. Bloomberg reported that the new numbers augured well for President Obama’s re-election:
A surge in new jobs last month that held the U.S. unemployment rate to 8.3 percent highlights a strengthening economy that bolsters President Barack Obama as he approaches the November election .
The jobs report “is another plus for the president,” said Stu Rothenberg, editor of the nonpartisan Rothenberg Political Report in Washington.
“These numbers suggest the economy is moving in the right direction,” he said. “It’s likely to make people more optimistic, and that’s always, always good for an incumbent president.”
Amidst all of the spinning, the reality-based community ought to be asking itself, “do these numbers really mean anything?”
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