McGurn: The Media Fall for Phony 'Jobs' Claims

ObamaThe Obama numbers are pure fiction.... the administration has no way to measure how many jobs are actually being 'saved....' Of course, the inability to measure Mr. Obama's jobs formula is part of its attraction. Never mind that no one -- not the Labor Department, not the Treasury, not the Bureau of Labor Statistics -- actually measures "jobs saved." As the New York Times delicately reports, Mr. Obama's jobs claims are "based on macroeconomic estimates, not an actual counting of jobs." Nice work if you can get away with it....