TNR senior editor Noam Scheiber weighs in on Obama's response to the latest jobs report, arguing that the administration must go further in disavowing "crude" unemployment statistics.

--Ben Eisler

Check out the latest on TNRtv:

Johnson: Should Geithner Have Told Regulators To F*ck Off?

Sherman: Is China Finally Sticking It To North Korea?

Johnson: How to Deal With Thieving Mortgage Lenders