Outright falsehood

Reading more of Kerry's 2003 campaign book, A Call to Service: My Vision for a Better America, I came across this passage on page 72:

More than likely, George W. Bush will become the first president since Herbert Hoover to end his first term presiding over an econoomy with fewer jobs on his last day in office than on his first day.

This is a demonstrably false claim that Kerry also repeated during the campaign. Don't know why nobody called him on it.

In fact, four of the five prior elected presidents ended their first terms presiding over an economy with fewer jobs than when they started. Rusty Shackleford did the math using data from the Bureau of Labor Statistics.

(Link via Andrew Hofer.)