darinsmasthead2

Monday, March 06, 2006

growing like a weed

According to the Bureau of Economic Analysis, the US economy has been growing for 17 straight quarters. http://www.bea.gov/

Who would have thought? I can't recall seeing very much positive coverage of the economy. In fact, even good news has a tendency to sound like bad when a Republican is in office.

Look at this headline: "Consumer Spending Shows Big Gain In January While Construction Activity Slows," The Associated Press, 3/1/06

So the story is highlighting increased consumer spending, yet has to throw in that junk about construction slowing, just to stay "fair."

Or how about this: "Inflation Eats Up Most Jan. Income Gains," MarketWatch, 3/1/06) but the fact is that after inflation, disposable incomes have increased 2.2% in the last twelve months.

Of course, you could disregard any facts and just declare it all terrible.

1 Comments:

Anonymous JW said...

Did you read the story?
How about the Census Bureaus numbers that suggest family earning is DOWN from last decade?

1:25 PM  

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