Geithner's Transparent & Immediately Provable Lie About the Econom

Geithner said (Meet The Press 4-15-12) that Obama administrationt policies have proven “remarkably successful,” even though nominal unemployment has been above the 8% mark for 38 straight months, and real unemployment rests somewhere between 11-12%.
Geithner based his statement on a comparing the effectiveness of Obama’s policies versus those of other recoveries since World War II. That this is a lie is attested to by the two chart above, which shows that the current recovery is actually the worst of all recoveries since World War II.

Chart 1 shows the total percentage change in US Employment at 51 months after the peak unemployment for that recession. 51 months was chosen because we are currently exactly 51 months from the peak unemployment (10.1%) of the 2007-8 recession.

Chart 2 shows percent change in US employment as a function of time since the start of the recovery for each recession since World War II. Note that the recovery from the current recession has taken longer than all but the 2001 recession, and has gone more negative than any but the 2nd dip of the recession of 1980.

Geithner's statement can only be viewed as either ignorant or a deliberate lie, since the data (from the Federal Reserve Bank of Minneapolis) was certainly known to him.

The United States Treasury Department appears to have been dragooned into joining the Obama Re-election campaign.