Matthew Dowd, “a former strategist for President George W. Bush who lives south of Austin, was the subject of PolitiFact’s factcheck when he stated during the December 12, 2010 edition of ABC’s This Week with Christiane Amanpour: "Barack Obama is in an economy that's only worsened since he's been president of the United States.”
So PolitiFact supposedly starts sifting through a “wealth of statistics” it says it has available to reach the conclusion that Matthew Dowd’s statement merited a ruling of Half True….because, according to writer Louis Jacobson, half the statistics say the economy’s been improving, while half say it is not.
According to them, the most important statistical measure is job growth. But Obama has been president just a tad short of two years. This was one of the worst economic crashes in our nation’s history short of the Great Depression. Just when should job growth start to recover, or how long should it take? Is it too soon to give this statistic such weight?
