The mysterious Knzn has a great post on the way Obama is using unemployment numbers. As of now, the 'Bama keeps saying that 600,000 Americans have lost their jobs since January. True enough, but not the whole story. 600,00 Americans have lost their jobs since January and not found new ones. The 600,000 number is net job loss. In fact, about 20 million Americans have lost their jobs since January. As Knzn says, "most of them found new jobs. Probably the new jobs generally weren't as good as the ones they lost. And almost certainly, more than 600 thousand of them were unable to find new jobs, because many of the new jobs created were filled by new entrants to the labor force or by people who were already unemployed when the year began." "There has been a lot of talk about Senator McCain and how he has been saying things that aren't true in order benefit himself politically. It turns out that Senator Obama is also (obviously unintentionally) saying things that aren't true, but in this case they benefit his opponent."
