Ending the Economic Error
Barack Obama and his supporters at the Democratic National Convention will mostly avoid the topic of unemployment, as unfavorable a subject as that is for Democrats' reelection chances. Still, we will inevitably hear a mantra like "the trend is in the right direction even if slower than we'd like" as an argument to give Barack Obama another four years so he can "finish what he started."
Beside the illogic of suggesting we give a failure four more years to fail further, one approach to unemployment data offers a very different lesson from the positive spin Democrats will give it.
In particular, the Obama team wants you to look at this chart, showing his entire term thus far, hoping that you focus on the modestly declining unemployment rate over the past 20 months.
Please read the rest of my article for the American Spectator here:
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