hopperbach


Deep dark depression, excessive misery…
August 1, 08, 3:56 pm
Filed under: democrats, economy, GDP, liberal media, media bias, MSM | Tags: , , , , ,

In case you haven’t heard, the economy was up in the second quarter. The latest reports say it grew at a 1.9 percent annual rate — double what it was in the first quarter. So how does the MSM decide to report this? Here are some samples of the latest encouraging headlines:

  • Unemployment at 4-year high
  • Economy Loses 51000 Jobs in July
  • Economy running out of steam
  • Economy grows, but warnings sound
  • US economy expanded less than forecast in Q2
  • United States economy shrinks for first time since 2001
  • US Recession May Have Begun in Last Quarter of 2007
  • Report: GDP Growth Is Stagnating
  • US economy slows, report shows

All this spin is making me dizzy.

One facet of the report that really excited the media was the fact that the numbers for Q4 of last year were revised down to -0.2%.  AHA! A CONTRACTION! If only we had followed that with another dip in Q1 of 2008 we would have been able to call this puppy an official RECESSION! Damn, we were so CLOSE!

The other cause for MSM giddiness came with the the jobless data.  51,000 jobs were lost in July — the “highest in 4 years”. But what is not being emphasised is that this was considerably less than the 75,000 that were forecast by economists (which, coincidentally is the number of miles that would be taken up if you put these “experts” end to end).

But you don’t have to see a silver lining if you don’t want to. I can already hear some of you: “WELL [snort], the only reason the GDP GREW was because if the STIMULUS package.” Yes folks… that’s why it’s CALLED a stimulus package. It stimulates SPENDING. But if you want to see a half-empty glass, who am I to stop you?

Incidentally the headache I had this morning is gone… but that’s only because of the ASPIRIN I took. Without THAT it would still be here and furthermore I’m sure when the ASPIRIN wears off my headache will be back WORSE THAN EVER… Get off with your gloomy selves already.

But for those who insist on being unhappy and believing all the doomsday drivel, I have a catchy little tune for you. Feel free to join the chorus of the new Democrat and MSM theme song (after clicking the link, hit “Play” to hear the song).

Enjoy your weekend, folks!  And spend some money for God’s sake.

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2 Comments so far
Leave a comment

You said it better than I could! I agree! May I have two of those aspirin? :)

Comment by goodtimepolitics

Sure thing! Just as soon as I get this @!&@#&$! child-safety cap off!;)

Comment by hopperbach




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