--The usually better than this Jazz Shaw, Hot Air
Bonus Verbatim Stupid:
But perhaps one of the most obvious and potentially embarrassing examples comes from the broadcast news coverage itself. The video below is from Joe Scarborough’s show on MSNBC from Friday morning when the new jobs numbers came out. Disclosure: I watch Morning Joe pretty much every day and enjoy Joe’s exchanges with people from both sides of the aisle. But knowing what we know now about exactly how the unemployment rate managed to drop, this is pretty sad.
To be fair, I've been saying Joe Scarborough is an idiot for years now. But I've also been saying with millions of Baby Boomers reaching retirement age or taking early retirement (forced or unforced) as the oldest of them are hitting 67 this year, labor force participation dropping is now going to be structural for a very long time. The same thing would be happening if McCain was President, and I'd be making the same exact argument.
And let's not forget in January 2009, we were losing 750,000 jobs a month, nor should we leave out the fact that that we continue to have positive job growth despite the Republicans blocking any and every stimulative measure proposed in the last two years. There's a reason why Congress has an approval rating of about 12%, Jazz. They're not exactly doing anything about jobs either.
And really, man...FOX News. All I'm going to say.
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