YOUR FRIENDS' ACTIVITY

    Obama’s Inflated Jobs Claim

    In a new TV ad, President Obama makes an inflated claim to have added 5.2 million new jobs. The total added during his time in office is actually about 325,000.

    In the ad, the president says “over 5 million new jobs” while the figure “5.2 million” appears on screen. But that’s a doubly misleading figure.

    • Viewers would need to pay close attention to the on-screen graphic to know that the ad refers only to employment gains starting in March 2010, omitting the 4.3 million jobs that were lost in the first year of Obama’s term.
    • And there’s no way a viewer would know that the total counts only private-sector jobs, omitting continuing losses in government employment.

    According to the most recent employment figures from the Bureau of Labor Statistics, the economy has eked out a net gain of 325,000 jobs since January 2009, when Obama took office. And that’s giving credit for roughly 386,000 jobs that the BLS has announced, on a preliminary basis, that it will be adding to this year’s employment totals next year, as a result of its routine annual “benchmarking” analysis.

    Looking only at private-sector jobs, it’s true that the total has risen just under 5.2 million since February 2010 — provided that credit is given for roughly 453,000 private-sector jobs to be added next year through the BLS benchmarking process. But over Obama’s entire term, those private-sector jobs have gone up only 967,000, even counting benchmarking additions.

    Other claims in the ad are essentially accurate: Exports are rising; home values have begun to recover; U.S. automakers are making profits, for example. And viewers can judge for themselves how they feel about the “plan for the next four years” that the president briefly outlines in the ad, which is couched in broad generalities.

    But viewers who follow the ad’s invitation to visit an Obama website for further information will find some false and misleading claims. There, the campaign, for example, states that “Mitt Romney criticized the end of the Iraq war as ‘tragic,’ and has offered no plan withdraw our troops from Afghanistan.”

    In fact, as we’ve reported before, Romney did not call the end of the Iraq war “tragic.” He used that word to describe the president’s pace of troop withdrawal, not ending a war. And more important, there is no longer any difference between Romney’s position and Obama’s plan to pull all U.S. combat troops out of Afghanistan by the end of 2014. Romney, whose position has evolved from criticism to unqualified acceptance, said during the final presidential debate on the night before the ad was released: “[W]hen I’m president, we’ll make sure we bring our troops out by the end of 2014.”

    – Brooks Jackson

    Also Read
    Loading...
    • Boyfriend espaces out window as husband confronts cheating wife [VIDEO]

      As part of perhaps the most spectacular walk-of-shame ever, an underwear-clad lover escaped from a third floor bedroom as the returning husband confronted his cheating wife on a balcony.

    • Rescues, Grim Recoveries at Elementary School After the OK Tornado

      There's a reason that many eyes were on Plaza Towers Elementary as Moore, Oklahoma began to assess the damage from a deadly, devastating tornado that blasted through the town Monday evening and killed at least 51 people: the school was leveled, with dozens of children still inside. And so far, some of the most emotionally charged news has emerged from the story unfolding there. 

    • AP photographer describes destroyed Okla. school

      MOORE, Okla. (AP) — I left the office as soon as I saw the tornado warnings on TV. I had photographed about a dozen twisters before in the past decade, and knew that if I didn't get in my car before the funnel cloud hit, it would be too late.

    • File: Josh Powell had affair before wife vanished

      WEST VALLEY CITY, Utah (AP) — Newly released police files say Josh Powell had an affair with a Utah woman just months before his wife disappeared.

    • 18-foot-8-inch python caught in South Florida

      MIAMI (AP) — Wildlife officials say a Burmese python nearly 19 feet long has been captured in South Florida.

    • Navy Dolphin Finds Rare 130-Year-Old Torpedo

      A Navy dolphin training to look for mines off the coast of San Diego found a museum-worthy 19th-century torpedo on the seafloor, military officials said.

    • Kids rescued from rubble at Okla. elementary

      MOORE, Okla. (AP) — Several children have been pulled out of the rubble alive at a school in an Oklahoma City suburb.

    • Gold, silver fall as dollar gains; ETF holdings drop

      SINGAPORE (Reuters) - Gold fell on Tuesday for the eighth of nine sessions, hurt by a firm dollar and persistent outflows from exchange-traded funds, pointing to more downside pressure on the metal, which has already lost about a fifth of its value this year. Gold has been hit by a shift in investments into higher-yielding equities as fears grew that the U.S. Federal Reserve could soon end its bullion-friendly bond buying program. Silver, which had largely held its ground during the sell-off in precious metals last month, appeared to be the next target for sellers. ...

    Loading...

    Follow Yahoo! News