Peter Ferrara gets pretty heated toward the end of this column — "The Obama campaign is trailblazing new realms of dishonesty in the history of American politics, bringing to America for the first time Soviet-style propaganda" — but even readers who find that to be a bit much may find some interesting points along the way, among them:
In Monday's Wall Street Journal, Edward Lazear, former Bush chairman of the President's Council of Economic Advisors, notes, "A graph titled 'Private Sector Job Creation' on the Obama-Biden campaign website... announces proudly that 4.4 million private sector jobs have been created over the past 28 months." But that factoid is meaningless out of any context, more like a pediatrician boasting to you that under his care your 16-year-old son has grown to 4 feet 4 inches. At the same point during the Reagan recovery, the economy had created 9.5 million new jobs.
Something to consider in reacting to today's jobs report for July.