During a speech last week, President Obama claimed, “Job growth between 2001 and 2009 was the most sluggish since World War II, more sluggish than it’s been over the last year.” Obama’s claim is deeply deceptive, says Veronique de Rugy, a senior research fellow at the Mercatus Center at George Mason University.
More importantly, let’s look at the jobs data over the past year.
Interestingly, these job losses were concentrated in the public sector. Perhaps President Obama was looking only at private sector job growth, says de Rugy.
Source: Veronique de Rugy, A Con Job on Jobs, The American, November 2, 2010.
For text: http://www.american.com/archive/2010/october/a-con-job-on-jobs
For more on Employment Issues: http://www.ncpa.org/sub/dpd/index.php?Article_Category=30
First published by the National Center for Policy Analysis, United States
FMF Policy Bulletin/ 09 November 2010
