At my wits end - no catchy title

I feel that my education has been wasted. I was reading a piece in the business section on MSN.com that stated that there have been 6.5 million jobs lost since the recession started in December of 2007. Now I know that knowledge of economics is not a prerequisite for writing for MSN.com/Money, and it's been quite a few years since I studied the topic in B-school, but a recession is 2 or more consecutive quarters of zero or negative growth in GDP.

The fourth quarter of 2007 showed a 2.3% growth, followed by an increase of 3.5% in the first quarter of 2008, with subsequent quarterly increases of 4.1% and 3.4% before tumbling 5.8% in the fourth quarter. So I'm really thinking that the recession started closer to December, 2008. And I think the job loss has been smaller in the last eight months.

But it got me thinking as to why this writer would create his own version of economics. Is he trying to blame the Bush Administration for a recession? The job losses in early 2008 can be blamed on their economic polices without rewriting economic policy. Is he trying to ease criticism on Obama? That might be, as every Fox talking head is now saying that Obama owns the economy, the budget deficit (even though the budget year started under GWB), and oddly enough the entire national debt. But then the economic knowledge of Fox News, to say nothing of the Bush Administration, would make the guy at MSN.com/Money look like a Nobel laureate.

Or as someone said on Morning Joe today, the tar is starting to stick to Obama. Just to show that Pat Buchanan is not the only racist on MSNBC.