Yes or no? Were the data manipulated? On that topic John Mauldin's discussion is as careful and nuanced as any. But whichever numbers you use, three things are clear:
1. Fewer than half the jobs lost since December 2007 have been recovered.
2. The new jobs do not pay as much.
3. Earners are down, dependents are up.
All of which mean that government revenues will not be catching up to expenditures anytime soon.