The White House loves to circulate this deceptive jobs chart, as if it somehow proves that Obama’s failed trillion-dollar stimulus actually worked. At first glance, it does appear to be a positive trend: 22 consecutive months of private sector job growth.
However, while it is true that we have now had 22 consecutive months of private sector job growth, that statistic is misleading – especially in the context of judging whether or not the stimulus worked.
Lee Doren explained it best in this excellent video from a few months back.
Hat tip: Lucianne.
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