The Bush Administration released a job growth projection this week which predicts that the United States will create more jobs this year than it ever has in a single comparable timeframe ever in its history. Bold prediction, or bald-faced lie? You don't really have to ask, do you?
Matthew Yglesias, writing for TAPPED, explains that no one in the Administration believes their own forecast. Nathan Newman, quoting Brad DeLong, looks into why anyone would stake their credibility on a projection that was known to be false.
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