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Sunday, April 06, 2008

Clinton’s Perfect Economy Is Now A “Grim Picture” For The Media Today

The Minneapolis Star-Tribune is reporting the March job report as a “grim picture”:

It’s no longer a question of recession or not. Now it’s how deep and how long. Workers’ pink slips stacked ever higher in March as jittery employers slashed 80,000 jobs, the most in five years, and the national unemployment rate climbed to 5.1 percent. . . .

The grim picture described by the Labor Department on Friday provided stark evidence of just how much the jobs market has buckled under the weight of the housing, credit and financial crises.

At Powerline, however, they note that the economic picture wasn’t so grim when Bill Clinton was campaigning on his economic record against Bob Dole:

Do you remember 1996, when Bill Clinton swept to an easy re-election victory over Bob Dole, on the basis of what pretty much everyone in the press considered a near-perfect economy? No “pink slip nation” in 1996!

Actually, though, the unemployment rate in November 1996, when Clinton rode a soaring economy to victory, was 5.4%. That’s right--three tenths of a percent higher than the “grim picture” of a “pink slip nation” painted by this month’s unemployment report.

I guess what is and is not “grim” hinges entirely on the party affiliation of the President.

Comments

Exactly.  Media bias on display for all to see.


Communism is evil

Chief RZ on April 6, 2008 at 08:57 am

Chief RZ,

And the personal, customizable “reality” of the left (as demonstrated by folks like “Blackwater"boob, Mark D, hannitized, etc.)


Out Here
Rodney G. Graves

Ceterum censeo Parthia esse delendam
Latin: “Furthermore, Parthia (Persia aka modern day Iran) should be destoyed”

Rodney Graves on April 6, 2008 at 09:34 am

I guess what is and is not “grim” hinges entirely on the party affiliation of the President.

Absolutely.  It’s been that way for as long as I can remember.  Of course, those 80,000 jobs weren’t “slashed”; it was really a decrease in the rate of increase.  The MSM keeps on lying.
If the Bush economy had Carter economy numbers, the MSM would already have us in another Great Depression.


If you don’t know by now, don’t mess with it.

robert108 on April 6, 2008 at 11:25 am

March job report as a “grim picture”

Yes! For the Democrats, if anyone in the MSM allows it to be put into context!



A troll is someone who only wants to stir up trouble, not have an honest debate.  Some signs that a poster is a troll:
* Dodges questions from other posters * Refuses to give sources
* When one of its arguments is shown to be false, either ignores the proof or moves the goalposts.  Heh. (From the LGF faq)

Proof on April 6, 2008 at 12:04 pm

If the Bush economy had Carter economy numbers, the MSM would already have us in another Great Depression.

Which, if we had Carter numbers, wouldn’t be at all unfair.

Kenny on April 6, 2008 at 02:42 pm

Which, if we had Carter numbers, wouldn’t be at all unfair.

Exactly; and yet, during Carter, the MSM wasn’t relentlessly cheerleading for economic disaster; instead, they glossed over the crisis and attempted to minimize the very real economic danger that was present at the time.  The MSM can’t be trusted to report economic issues truthfully; they gloss over the very real troubles under a Dem admin, and exaggerate and outright lie about any possible hiccup during a Republican admin.  They have a very long history of doing this.


If you don’t know by now, don’t mess with it.

robert108 on April 6, 2008 at 04:08 pm

Exactly!  In fact, the MSM cooed sympathetically when Carter made his infamous ‘malaise’ speech and again when he declared he was ‘fallen’ by lust.


"Here lies, in honored glory, an American soldier, known but to God.”

The stakes are high. Whether the issue is the economy, or energy, or the federal courts or national security, the right answers are coming not from the Democrats, but from the Republicans. The surge of operations that began a year ago is succeeding. The only way to lose this fight is to quit. Richard M. Cheney, Vice President, 30 May, 2008

pparets on April 6, 2008 at 04:17 pm
Avatar for Hannitized

You guys have got to be kidding me?  You seriously don’t think there is a difference between an economy that is scheduled to get worse as as opposed to one that was getting better?

http://jobsearchtech.about.com/jobs/jobsearchtech/library/weekly/aa032700d.htm

122099.gif

Hannitized on April 7, 2008 at 03:02 pm

...an economy that is scheduled to get worse…

Who writes this “schedule”?


If you don’t know by now, don’t mess with it.

robert108 on April 7, 2008 at 03:41 pm

Nice way to pick out the unemployment rate.

If you look at it in the long term we’re doing very well indeed.  We’d be that much better if we didn’t have so many illegal aliens around.

Change the date back to 1948 and you’ll get a nice big picture of the unemployment rate.


What’s going to happen to US industry when the global warming extremists like John McCain double the price of electricity?  I would think all these factories will close and set up in countries where they aren’t scared of technology.


The Whistler's signature
The Whistler on April 7, 2008 at 03:43 pm
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