The jobs report was solid yesterday and unemployment fell to 7.8 percent. Instead of cheering this fact, there are Republicans and much of Faux News who are claiming that the numbers are bogus. That is utterly irresponsible.
Much of the economy and the broader global economy is driven by government data that the U.S. and other countries put out. The idea that the BLS jobs figures have been cooked in order to gain some short term political advantage is utterly preposterous. But it is being put out there to try to discredit the fact that we are seeing significant improvement in our economy by Right Wing political hacks.
There are policies and procedures in place that would prevent such tampering and it would be absolutely devastating to U.S. credibility and the underpinnings of how global capitalism operates. People in leadership positions need to be more responsible. Unless there is evidence to suggest otherwise, questioning the BLS is horrible politics.
Republicans just don't want to accept that the economy is improving and that despite all of their obstruction and opposition, the Obama economic plans are actually working. There has been continuous job growth even as the global economy has suffered - most notably the problems in Europe, China, and India have grown. We also saw that the deficit shrank by more than $200 billion last year. It is still too high, but it is moving in the right direction. If we could actually pass a tax increase on those making more than $250,000 and we let the 2 percent payroll tax cut expire, the decifit would fall by $400 billion with the increased tax revenue and if the employment figures continue as they have been over the last 30 months. This would happen in just one year.
Romney's economic plan - which seems to change every few days - would eliminate the progress we are seeing and most certainly increase the deficit in the short run with no real explanation for how it would help over the longer term. It would create all kinds of new uncertainty.