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MRC sums up what I've been saying, offine for a long time: Good Economic Numbers = Bad News? … When Bill Clinton ran for re-election in 1996, unemployment was at 5.2 percent, inflation 3 percent, and economic growth 2.2 percent. Today, as Bush stands for re-election, unemployment is at 5.4 percent, inflation 2.7 percent and economists’ consensus forecast for economic growth this quarter is 3.7 percent. Coverage of the Clinton economic data was overwhelmingly favorable (35 positive, 6 negative stories). Under Bush, it’s literally reversed to 6 positive, 38 negative. Numbers don’t lie. Bias is the only explanation.
(Thanks La Shawn)
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