Just in time for the Democratic National Convention, Obama supporters are happily claiming that, why, yes we are better off now than we were four years ago, thank you very much.

For starters, they’re touting Vice President Joe Biden’s bumper sticker slogan “Osama bin Laden is dead, and GM is alive.”

Actually, bin Laden and top al Qaeda members killed in President Obama’s wanton drone attacks should be alive and getting waterboarded in Gitmo for all the intelligence we can wring out of them.  General Motors should have gone through bankruptcy proceedings and, if it couldn’t shake off its bloated union benefits packages and improve its efficiency, died.

But I think what Democrats are crowing about is the general economic picture.  They would have us believe that, even if job growth isn’t picking up quite as much as we would like, at least it’s better now than it was near the start of the recession.

No, it’s not.

It’s not even as good as it was when Obama took office.  read more »