Obama Economy Sheds Another 539,000 Jobs, Media Spins It As An Improvement

Remarkably, the New York Times spins this as good news.

The United States economy lost 539,000 jobs in April, the government reported on Friday, a sign that the relentless pace of job losses was starting to level off slightly but was still nowhere near ending.

A year ago, the loss of more than half a million jobs in a single month would have seemed like a disaster for the economy. On Friday, experts were calling it an improvement.

Why the difference? If it happened a year ago the media would be nailing George W. Bush to the wall for this, but since Barack Obama is president this is an improvement?

Good grief.

The Bureau of Labor Statistics reported that the unemployment rate surged to 8.9 percent in April, its highest point in a generation. But some economists saw glimpses of a bottom in the latest grim accounting of job losses. The economy, while still bleeding hundreds of thousands of jobs, is starting to lose them at a slower pace, offering the latest hint that the recession is bottoming out.

Again, if this were Bush and the pace of job losses was slowing down, it would still be dismissed as people giving up or only being able to get hamburger-flipping jobs.

Instead, Obama gets a free pass from the enchanted media.

By the way, you want to know why this wasn't even worse?

April’s figures were helped by a 72,000-job increase in government-related jobs, which was attributed primarily to temporary hiring ahead of the 2010 Census, according to the Commission’s findings.

The private sector keeps shrinking while the government expands.

Change!