Clinton threw out a lot of exaggerated job numbers that bear little resemblance to the job-challenged economy that workers are facing today. In the second quarter, the real economy added only 127,000 jobs per month, as income-flattened consumers cut back on their spending to make ends meet.
Like Obama, Clinton was tossing out job numbers in the millions, when official job statistics tell a far different story. There are many ways to rejigger the job numbers and both men are very skillful in using the statistical sleight of hand from their bag of tricks. For example:
"Over the last 3 and a half years, we have focused on righting the ship, making sure that we didn't slip into a depression...creating 4.5 million new jobs," Obama has said on the campaign trail.
But Washington Post Fact Checker Glenn Kessler says Obama's claim, "cited many times at the convention... is misleading, because it refers to private sector jobs, not all jobs, and because it is based on a date (February 2010) that put the president's jobs record in the best possible light."
Kessley explains that the real, honest of goodness job growth number "is still negative if you start counting from the beginning of Obama's presidency."
That number "is plus or minus a few hundred thousand jobs, depending on whether you date his presidency from January or February," he writes. Now, here's the killer:
"At this point, Obama is on track to have the worst jobs record of any president since World War II," he says. And this is from a newspaper that supported Obama in 2008 and will likely endorse him again this year.
But this is a convention that is a mass of contradictions and hypocrisy whose slogan this week should be "Do as we say but not as we do."
Obama has made a lot of political hay by bashing big corporations and the millionaires and billionaires who he says do not pay their fair share of taxes (when in fact the top 25 percent pay almost all of the income taxes).
But now we learn from stories leaking out of the smoke filled back rooms at this convention that top White House and Cabinet officials and senior campaign advisers, (and Clinton, too), have been secretly meeting with millionaires and billionaires to refill their depleted campaign war-chest.
What the White House desperately needs now are huge contributions in the seven figures that will go into the so-called super PACs supporting the president.These are the same kind of fundraising groups supporting Mitt Romney that Obama and his advisers have attacked relentlessly throughout this year.
Under campaign finance laws, these super-PACs are supposed to be operated separately from the candidates' campaign apparatus. But it was announced Wednesday that Chicago Mayor Rahm Emanuel, who was Obama's White House chief of staff, was stepping down as the president's honorary campaign chairman to help run the pro-Obama super PAC called Priorities USA Action.
Presumably ignoring the separation that is required by law, it was reported that Emanuel and campaign manager Jim Messina briefed potential donors about the fundraising gap with the Republicans. Among administration officials joining these briefings was Jack Lew, former director of the Office of Management and Budget and now White House chief of staff.
Apparently Obama has no problem taking the money of millionaires and billionaires to further his political ambition -- money made from the corporate power structures that have been among his favorite political whipping boys over the past four years.