And then he adds:
"... today’s (preliminary) report indicated real GDP growth of 3.1 percent over the first 90 days of the year. I mean, come on. It’s not like 1931 revisited. Plus, to put things into perspective, what, pray tell, was real GDP growth in the first quarter of 1997, when the media used to swoon about the economy nearly every single day? Yep, you guessed it, the very same 3.1 percent. In fact, in between January 1, 1996 and December 31, 1997, and despite the brewing tech/telecom mania, there were three separate quarters in which real GDP growth (annualized) came in at or below last quarter’s 3.1 percent expansion. (See here.)"
But, because Clinton the Leftie was in the White House, the MSM made out like it was A FABULOUS GROWTH RATE. This BLATANT MISCHARACTERIZATION of the FACTS is just another example of the "lying`Leftist hypocritical double-standard BS" I described below, HERE. The Left and the MSM they dominate is effin' PATHETIC.
No comments:
Post a Comment