"In terms of the unemployment rate, look, I'm glad to see it come down, I'm glad that we've created jobs last month, I hope we continue to create jobs but let's not forget, the labor force particpation rate has dropped a full two percentage points since Obama took office..." - Ed Gillespie, Republican strategist, on Meet the Press

Wow. Let's take a look at the chart...



Yep, sure enough, down a full two percent.

Wait. Ah crap, that's 2000 through 2004, Bush's first term. My bad.

[Source: United States Dept. of Labor Statistics, 2000 - 2004]