Politicians deal in exaggeration and deception, but sometimes you have to wonder if they even read the words that someone puts out in their name. Witness House Speaker Nancy Pelosi’s statement Friday on the surprisingly good monthly employment jobs report: “The October jobs report offers further evidence that the Republicans’ disastrous special interest agenda is hollowing out the middle class while enriching the wealthy and well-connected.”

What hipster doofus wrote that? The real news from October is that the labor market...