The number of U.S. states reporting initial unemployment claims has dropped to a new low under Obama- and more importantly journalists have dropped to a new low as a result.
Previously physicists had predicted that journalists couldn’t get lower.
Guess what? They were wrong.
I call it the Obama effect: No matter how crappy things are, adding Obama can make it just a little but crappier.
Only 49 of 50 states reported initial unemployment claims last week according to Labor Department economists. This has led to a predictable, yet wholly pathetic attempt by the media to say that unemployment...