D trumps R (reporting)

On the economy, make sure to follow the link to the good part of the post:

It’s the Politics, Stupid:

Comparing Labor Market Data in 1996 and 2008

Democrats on the Economy in 1996:

“Our economy is the healthiest it has been in three decades.” (President Bill Clinton, State of the Union Address, January 23, 1996)

Democrats on the Economy in 2008:

“The bottom line is that this administration is the owner of the worst jobs record since Herbert Hoover." (Senator Charles Schumer, Press Release, March 7, 2008)

The Corner
Via Flopping Aces; You can bet your last dollar that if BO or HC wins the next election, the economy will be turning around (in the media) no matter what the numbers say. Likewise if JM wins, the economy will slip into depression (with the same numbers). This is not a new phenomena, just one that people don't seem to believe; and unlike man-made global warming, this one is actually proveable heh
D trumps R (reporting) D trumps R (reporting) Reviewed by Lord Nazh on 8:51 PM Rating: 5

2 comments

James Higham said...

Well you might be right at that too.

Lord Nazh said...

Worked out in '92, '96 and after the Dems took over in '06 in Congress (record Dow the entire week before the election, front page the day after heh)