3/2/10: Obama Economist Pre-emptively Blames Job Numbers on Snow
And you can bet they blame the snow on global warming... or something:
"The blizzards that affected much of the country during the last month are likely to distort the statistics," he said during an interview with CNBC. "In past blizzards, those statistics have been distorted by 100,000 to 200,000 jobs."Yeah, right. Keep in mind, no layoffs were attributed to the weather and dozens of tow truck and snow plow drivers made a good deal of money during these storms. Not to mention all the overtime pay of the crews who worked to restore power to millions of households. You might say the bad weather was an economic stimulus for many people.
"It's going to be very important ... to look past whatever the next figures are to gauge the underlying trends," Summers added.
Source: Huffington Post via HotAir
The job figures couldn't be caused by Obama's War on Business, Obama's War on Las Vegas or the wasted stimulus money that doesn't seem to be creating many jobs.
Nah, must be the snow!
