How we misread the numbers that dominate our politics

I want to tell you the story of a president. This man came into office during a massive financial crisis, with the economy losing 800,000 jobs per month, and he turned things around. He created more than 5 million new jobs and saved the jobs of teachers who were at risk of being laid off. The manufacturing industry roared back, adding 460,000 workers. And after its worst decline ever, the housing market started to rebound, with home prices rising and the government helping millions of people avoid foreclosure.

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