What is it with the press? I mean, we know they're leftist-leaning and all, and we know they also need ratings and that scaremongering seems to generate them, but good grief.
For months now they've been trying to generate a recession out of thin air. When the real numbers have failed them by showing that all is well and the economy is growing, they report as news their own polls of a few hundred people wherein they find that a majority think we're in a recession. Or, they find some economist guy to say it's probably a recession. And from there the media goons go on talking about the recession that experts and hoi polloi believe us to be in.
"Of course they believe!" I want to scream . . . "you've been shoving the idea down their throats day in and day out!"
Such so-called "news reporting" is just so jarringly opinionated that it boggles the mind that more people don't realize what's going on.
This does demonstrate the weakness of our economy, though . . . after all, it can be significantly slowed by nothing more than rumor.
The really sick part, though, is how gleeful these bastards are when any negative number does come in. Case in point is the news today about unemployment rates, which have climbed up from historically-low figures toward more-normal-but-still-great values. I don't have more information on the released numbers themselves . . . e.g. the Bureau of Labor Statistics counts as unemployed those who are "discouraged workers" (who have supposedly given up looking, esp. due to economic conditions) and marginal workers (able-bodied folks who haven't looked recently).
(That's crap in my opinion -- if you're not looking for work, then you're not unemployed . . . you're just not a part of the labor force, slacker -- but I'd be interested to see how much of this climb is based on that sort of silliness.)
Yet you can hear the glee in the reporting, and of course you can see the attempt to convince people that it's a recession:
Yeah, and my neighborhood anorexic has ballooned out to 105 pounds after her three-cracker eating binge.
For 1986, the yearly average was 7.0 percent. Indeed, through the roaring 80's the unemployment rate only dipped into the 5's in the last two years. Now it's 5.5 and you're acting like the world's ending?
"Ohhhh, but listen to Barbara and Cheryl!" Screw them. There's always a Barbara and a Cheryl who press, politicians, or other folks will use for their gain. What about the sad tales of non-leftist Americans tired of having their economy affected by the lies of the press? There are so many of them compared to Barbara and Cheryl. Oh, but that wouldn't fit the narrative of a sour economy . . . silly me.
2004's yearly average was 5.5 percent. A good year, overall. Better than the two post-9/11 years preceding it.
Yes, because it's all the president's fault, of course. Remember planetary expert Kanye West? . . . Bush hates black people.
This is cute. Here the author reports on "lots of talk" . . . talk that came from the press, of course . . . and then suggests that a bunch of Ivory Tower folks will determine whether it happened after it passes. In other words, he's basically saying "trust us . . . we know now that we're in one." Eat my poo.
Of course not! Didn't you know that once the press starts reporting something as fact, it is fact and none may oppose it without being clearly and undeniably insane? Al Gore knows. The debate is over.
(My ass. Mark Zandi's a reject. The data says we are not receding, ergo we are not in a recession. QED, punk.)
For months now they've been trying to generate a recession out of thin air. When the real numbers have failed them by showing that all is well and the economy is growing, they report as news their own polls of a few hundred people wherein they find that a majority think we're in a recession. Or, they find some economist guy to say it's probably a recession. And from there the media goons go on talking about the recession that experts and hoi polloi believe us to be in.
"Of course they believe!" I want to scream . . . "you've been shoving the idea down their throats day in and day out!"
Such so-called "news reporting" is just so jarringly opinionated that it boggles the mind that more people don't realize what's going on.
This does demonstrate the weakness of our economy, though . . . after all, it can be significantly slowed by nothing more than rumor.
The really sick part, though, is how gleeful these bastards are when any negative number does come in. Case in point is the news today about unemployment rates, which have climbed up from historically-low figures toward more-normal-but-still-great values. I don't have more information on the released numbers themselves . . . e.g. the Bureau of Labor Statistics counts as unemployed those who are "discouraged workers" (who have supposedly given up looking, esp. due to economic conditions) and marginal workers (able-bodied folks who haven't looked recently).
(That's crap in my opinion -- if you're not looking for work, then you're not unemployed . . . you're just not a part of the labor force, slacker -- but I'd be interested to see how much of this climb is based on that sort of silliness.)
Yet you can hear the glee in the reporting, and of course you can see the attempt to convince people that it's a recession:
"the nation's unemployment rate zoomed to 5.5 percent in the biggest one-month jump in decades."
Yeah, and my neighborhood anorexic has ballooned out to 105 pounds after her three-cracker eating binge.
"Barbara Bowens, 52, of Washington, D.C., has been laid off from a janitorial job since March. The prospects of finding a new job "don't look so good," she said. "I can't pay bills off nothing." Collecting unemployment benefits helps, but "I've got to pinch pennies."Cheryl Williams, who lives in the Tulsa, Okla., suburb of Broken Arrow, has been looking for work for two years after losing her job as a certified nurse's aide. The 37-year-old relies on $225 a month in welfare and odds-and-ends jobs to support her two kids.
"I have job searched and job searched and job searched," Williams said. "I would like to have a real job."
Just in the past several days General Motors Corp., United Airlines and others have joined the flurry of job-cut announcements.
The unemployment rate shot up from 5 percent in April, reflecting more workers losing their jobs as well as an influx of young people looking for work. It was the biggest over-the-month swing in the rate since February 1986."
For 1986, the yearly average was 7.0 percent. Indeed, through the roaring 80's the unemployment rate only dipped into the 5's in the last two years. Now it's 5.5 and you're acting like the world's ending?
"Ohhhh, but listen to Barbara and Cheryl!" Screw them. There's always a Barbara and a Cheryl who press, politicians, or other folks will use for their gain. What about the sad tales of non-leftist Americans tired of having their economy affected by the lies of the press? There are so many of them compared to Barbara and Cheryl. Oh, but that wouldn't fit the narrative of a sour economy . . . silly me.
"The increase left the jobless rate at its highest since October 2004."
2004's yearly average was 5.5 percent. A good year, overall. Better than the two post-9/11 years preceding it.
"The White House snapped into crisis-management mode. "
Yes, because it's all the president's fault, of course. Remember planetary expert Kanye West? . . . Bush hates black people.
"Employers -- and the public -- have been shaken by lots of talk about whether the economy is on the brink of or has fallen into its first recession since 2001. That determination, made by a panel of academics, is usually made well after the fact."
This is cute. Here the author reports on "lots of talk" . . . talk that came from the press, of course . . . and then suggests that a bunch of Ivory Tower folks will determine whether it happened after it passes. In other words, he's basically saying "trust us . . . we know now that we're in one." Eat my poo.
""For the average American there is not debate that the economy is in a recession," said Mark Zandi, chief economist at Moody's Economy.com."
Of course not! Didn't you know that once the press starts reporting something as fact, it is fact and none may oppose it without being clearly and undeniably insane? Al Gore knows. The debate is over.
(My ass. Mark Zandi's a reject. The data says we are not receding, ergo we are not in a recession. QED, punk.)
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