There Are Liars. Damn Liars. And, Obama's Stephanie Cutter.

Stephanie Cutter is Obama's Deputy Campaign Manager.  She's the one who has introduced so many lies to the campaign, that its almost hard to keep track.  She's the one who claimed that she knew nothing about the ad where a man said his wife died of cancer because of Romney.  Even though, just two months earlier, the news media was all ears, when she had that same man on conference call while he told the very same story.  Then, too, she tried to imply that Romney was a felon for filing improper SEC forms when stepped down from Bain.

Now, the latest lie from the one who seems to think that Obama's reelection is just one more lie away, is her claim that Obama's recovery is better than the much heralded Reagan recovery because Obama has created 4.5 million jobs in the last 27 months.

The fact is that in the first 27 months of the Reagan recovery, more than 9.8 million jobs were created; 1.1 million in a single month (September 1983).   In Reagan's first term, the total civilian and government workforce grew from 146.6 million in 1981 to 153.4 million in 1985.  That's a growth of nearly 5% in 4 years.  For Obama, the workforce has actually shrunk; moving from 201.5 workers in January 2009 to a projected 200.7 million by year's end.  So, somehow, the claim that Obama created 4.3 million jobs is a little hard to swallow when the workforce, itself, has fallen.  As I have said before, if the President actually did create 4.3 million jobs, more than double that amount of jobs had to be destroyed for the workforce to have remain nearly flat over 4 years.

Lastly, when Reagan took office, the unemployment rate was 13.8%.  By the end of Reagan's first term, unemployment stood at 7%.  Obama, on the other hand, was handed an unemployment rate of 7.6%.  Within months, it zoomed to 10.2% and the new CBO estimates expected it to be closer to 9% by the year's end.  On top of that, Obama holds the modern day record of having 42 straight months of unemployment above 8%.

The Cutter Video: http://www.realclearpolitics.com/video/2012/08/22/cutter_obama_has_created_more_jobs_than_the_reagan_recovery.html