Newest piece at Real Clear Markets: President Obama, and the Myth About 4.5 Million New Jobs

My newest piece starts this way:

Has the U.S. job market been improving during the recovery? The Obama administration likes to point to the 22 months of consecutive job growth. The recovery itself supposedly started in July 2009. Quite frequently, the Administration has presented charts like the following, with the impressive long string of bars showing positive job growth. . . .