Then and Now
Whatever happens, the so-called “Newspaper of Record” will report the same thing: spin.
New York Times, October 29, 1992:
President Bush smiled when he learned this week that economic growth during the third quarter reached a surprising 2.7 percent, almost twice the previous rate. But his smile shouldn’t be broad. … Even the 2.7 figure is half the normal rate of recovery and not enough to bring down unemployment.
New York Times, October 26, 2012:
The slow pace of the nation’s economic recovery has picked up a bit lately. In the third quarter, the economy grew at an annual rate of 2 percent, beating expectations and the dismal 1.3 percent growth in the second quarter. Over the past year, the growth rate has been 2.3 percent. At that pace, there’s enough momentum to keep unemployment, currently 7.8 percent, from getting much worse…
Having a president of the proper race and political persuasion makes quite a difference. You would hardly know that the current economic numbers are significantly worse than under George H.W. in the days of “It’s the economy, stupid.”
Compliments of Just TheTip.
Why do we tolerate the government declaring the unemployment rate as being 7.8 percent? How many others will have to be excluded from the official unemployment numbers this month for the unemployment rate to miraculously drop again?
Same thing with inflation. You notice how much more you’re paying for food and fuel? You notice how food and fuel are not included in the CPI?
Jaw-dropping. It’s like the old “Russians come in second, US comes in next to last”.
I wonder how things would be if the Republicans hadn’t vowed from day one to throw sand in the gears every chance they got… guess we’ll never know.
Isaac, can you show me a case in American history with the opposition party did not work against the President?
No, then stop with your idiocy. OF COURSE the Republicans opposed Obama and his plans, just like the Democrats opposed and worked against Bush’s agenda.
Wow…looks like the check cleared.
StanInTexas says:
October 30, 2012 at 9:45 am
Isaac, can you show me a case in American history with the opposition party did not work against the President?
No, then stop with your idiocy. OF COURSE the Republicans opposed Obama and his plans, just like the Democrats opposed and worked against Bush’s agenda.
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Some would say they didn’t push back nearly enough. After being told to get to the back of the bus, they should’ve known what was in store for the Nation.
And now that RATS complain that Republicans didn’t goose-step along with the neocom agenda.
They really do have some nerve! Stems from their limitless sense of entitlement..
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“Issac says:October 30, 2012 at 9:40 am”
Let me inform you of somethng you don’t seem to know, but over a billion people found out the hard way:
No matter what you call it, socialism, communism, fachism, progressivism, liberalism or nazism, MASSIVE GOVERNMENT DOES NOT WORK!
So why the hell should we keep doing it just because Obama’s SKIN IS A LITTLE DARK?