06 October 2007

Paul Krugman: Pathetic

The new White House “fact sheet” on the economy declares that job growth since August 2003 is the “longest continuous months of job growth on record.”

That’s literally true – the Bureau of Labor Statistics data from the great jobs boom of the 1990s do show a couple of scattered months of job decline, although these are probably statistical blips. But by any reasonable standard, job growth in the Bush years has fallen way short of growth in the Clinton years.

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