Saturday, December 10, 2011

The Media and Recession Scapegoating

Many members of the vast media are stupid or often lean too leftward to report basic economic historical facts.

Good media reportage would refute the Obama administration’s ongoing claim about it inherited a “Bush recession.”

Bush never mentioned the downturn he “inherited” from Clinton, nor did Reagan harp on the mess he got from Carter.

Historical economic fact without political impact: The deeper the recession, the faster and sharper the bounce back into a boom. ( See the Earl J Weinreb NewsHole® comments.)

No comments:

Post a Comment