M-BS-NBC: Matthews Claims Unemployment Rate Lower Than When Obama Took Office

MSNBC's Chris Matthews claimed Thursday that the unemployment rate is lower now than when Barack Obama took office.

Such was said during a contentious Hardball discussion with Republican Arizona Congressman Trent Franks (video follows with commentary):

"I think the unemployment rate, Congressman, is lower now than it was when he inherited it from President George W. Bush"

No, that's not even close to being true.

The unemployment rate when Barack Obama took the oath of office on January 20, 2009, was 7.8 percent. Today it's 8.5 percent.

But that's only part of the picture, for there were 133.6 million people on non-farm payrolls that month. Now that number is 131.9 million, a 1.7 million decline.

Must be nice to have such job security that you can continually make factual misstatements on national television and not have the slightest concern about they're being any consequences for your error.

How many industries other than journalism can you name where that's true?

Associate Editor’s note: As you are likely aware, since the financial collapse of 2008, charities and non-profit organizations have seen a sharp reduction in donations. Although the environment has improved, contributions are still nowhere near where they were prior to the recession. Unfortunately, the Media Research Center has not been immune. With this in mind, your support has become more important than ever. With a critical election approaching, the liberal media needs to be monitored 24/7. As we have been predicting for months, the press are willing to do anything to get their beloved politicians elected and/or reelected. As such, we need your help to fight this fight. Any contribution, even $10, is greatly appreciated. Please consider a tax-deductible gift to the Media Research Center to help us battle the liberal media. Thank you.

2012 Presidential Economy Unemployment MSNBC Hardball Video Trent Franks
Noel Sheppard's picture