By historical standards, the current economic recovery has been the slowest since the Great Depression. And yet, thanks in large part to how the legacy media spun the recent jobs numbers, Americans have greater economic confidence this month than they did a year ago.
And yet, CNBC reports today, the U.S. Economy may be headed for another recession. “Funny,” quipped Glenn Reynolds linking the piece, “just a few days ago CNBC was full of good news!”
Things right now, to be sure, are marginally better than they were four years ago. And that certainly did not hurt the president. But, given the regulations his administration has signed off on and the coming implementation of Obamacare, we have only seen the first fruits of his policies.
Maybe we have to see their full impact before people realize just how damaging Obama’s policies are to the economy. Just hearing a pundit forecast what they mean is not enough. “Sometimes”, wrote Amartel commenting at Ann Althouse’s blog,
. . . knowledge has to be obtained empirically. It’s going to hurt like hell, and the people who suffer the most are going to be the people who voted for it. My chief hope for the coming months and years is that mainstream media will finally be held to account.
Never give up, never give in. Not to the takers’ agenda, nor to their baroque and embarrassing emotional excesses, intellectual bankruptcy and divisive impulses.
H/t Reader Kurt. Yes, it is going to hurt like hell. And let us hope that people hold the media to account as well. They have covered for this administration’s failed economic policies. They spun mediocre economic numbers as a sign of robust recovery, numbers similar to those in 2004 which were the sign of a sluggish economy.