Or not (via Greg Mankiw’s Blog):
It’s like someone said once, ‘economics doesn’t lie, but economists do.’
I’m sure the President’s economic team–Tim Geithner, Lawrence Summers, Christina Romer, Austan Goolsbee–are perfectly fantastic economists in their own right. But when they join a political team, they, like everyone else, cherry pick the results to fit their worldview.
And that’s how you get ridiculous graphs like the one above.
Remind me: How many jobs has Obama saved or created?
Also, for the interested, the NYT has this interactive unemployment graph. (h/t Matt L.)
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