Mr. SMITH of Texas. Mr. Speaker, according to the American Enterprise Institute, the labor force participation rate has dropped to its lowest level in 30 years. The only reason the unemployment rate fell slightly to 8 percent is because another 522,000 adults quit looking for work and are no longer counted.
Of course, it's no surprise that the liberal national media attempted to spin the numbers. Bloomberg dismissed the lack of new jobs as being a ``rounding error.'' Time magazine described the negative reports as being ``statistical noise.'' The liberal media fed this narrative with misleading statements like the economy is ``gaining steam,'' as The New York Times headlined the news, or that the economy was on a ``hiring surge,'' as the Associated Press claimed.
The liberal media show its bias when it ignores the President's failed promises and failed attempts to create jobs.
Americans are concerned about the lack of jobs and deserve the facts. When will the national media put their responsibility to the people ahead of protecting the President?