Fallows: As Harvard alum, I apologize for Ferguson distortions

James Fallows is a blogger for The Atlantic.

Yes, I know, you could imagine many sentences that would follow that headline. But here is what I have in mind right now:  A tenured professor of history at my undergraduate alma mater has written a cover story for Daily Beast/Newsweek that is so careless and unconvincing that I wonder how he will presume to sit in judgment of the next set of student papers he has to grade. It's by the irrepressible Niall Ferguson, it is headlined "Obama's Gotta Go," and its case rests on logic of this sort:

Certainly, the stock market is well up (by 74 percent) relative to the close on Inauguration Day 2009. But the total number of private-sector jobs is still 4.3 million below the January 2008 peak.

Hmmm, what might possibly be the flaw in this comparison? Apart from the fact that Obama did not take office until January 2009 and that private sector jobs have recovered better in his first three-plus years than they did under George W. Bush....

There is lots more, which you can judge for yourself. Let me re-establish the point: I have no complaint with anyone making a strong case against Obama, or in his favor. That's what an election year is for. My point concerns the broadside pamphleteering nature of his argument, which is no worse than what we expect on cable-news talk shows, but also no better. And it comes from someone trading heavily on the prestige that goes with being a tenured professor at the world's leading university....