This is just another example of how the Totalitarian Progressives twist and distort the news for their convenience. When George W. Bush was president and the economy recovered in 2003/2004, the NY times and other Totalitarian Progressive propaganda outlets kept saying the economy was bad. They emphasized low wages and blamed Bush for it instead of globalization which was the real culprit. They kept comparing Bush’s to Clinton’s economy when that was a dishonest argument. In the 90’s globalization hadn’t taken full effect, and by the 2000’s it did. Bush’s mistake was emphasizing tax cuts and not major tax reform to make American competitive and incentivize creating jobs with good wages here. This was not his fault as no economic expert on the right or left knew the extent of America’s economic disadvantage. Now that Barack Hussein Obama is President they are proclaiming an economic boom!
The American economy appears to be in a cyclical recovery that is gaining strength. Firms have begun to hire and consumer spending seems to be accelerating.
That is what usually happens after particularly sharp recessions, so it is surprising that many commentators, whether economists or politicians, seem to doubt that such a thing could possibly be happening.
Usually you can depend on the White House to view the economy with the most rose-tinted glasses available. But it was not until last week, after a strong employment report, that President Obama started to sound a little optimistic.
Read the rest: Why So Glum? Numbers Point to a Recovery
So good times are here again according to the NY Times. Just like Pravda was to the Progressive Soviet Regime in Russia, the NY Times is the propaganda arm of the Progressive New Left regime of Barack Hussein Obama. Get ready to hear about the great Obama boom. Never mind that 160,000 was a number they used to call anemic under Bush. Now it is now considered -a jobs boom. The media spin is so bad that now higher oil prices are considered a good sign. Under Bush this was considered bad and higher oil prices is bad as it saps capital from the economy.
The NY Times inadvertently tips off it’s hand with this sentence:
The lag was 28 months after the 1990-91 recession ended, and an amazing 42 months after the 2001 downturn concluded. Those really did deserve the title of “jobless recovery.” But they were very different from what appears to be unfolding now.
Those two recoveries had Republicans at the helm and the media did all it could to keep public sentiment negative. This caused consumer confidence to remain lower than it should have been, making those two recoveries weaker than normal. In this case, the Progressive propaganda media is doing all it can to hype what is really a weak economy. They ignore the fact that all this debt, archaic tax laws and lack of industries make America economically uncompetitive. The truth doesn’t matter to the NY Times and Progressive propagandists, it’s all about the spin.
Tags: Globalization, Jobs, Oil Prices, Progressive Propaganda
