It’s The Economy, Stupid


As we head into the midterm elections, the stories that the press are covering are screaming at us. Failure in Iraq, Foleygate, Corruption on Capitol Hill, and North Korea  are blasted at us. But have you seen this simple fact reported anywhere?


Even the Federal government is having a hard time capturing these facts. Did you know that the Dow Industrial Average is at record highs? The deficit is dropping like a rock (The Congressional Budget Office estimated last week the deficit would be $250 billion)? That we had a correction in the jobs report, and now they found 810,000 more jobs that were created in the past year  than were reported?

And two surprises were in the report. The document also announced that an extra 62,000 jobs were created in the prior two months, bringing the total number of new payroll jobs to 113,000.More important, tucked away on a back page, was the preliminary announcement that our economy had created 810,000 more payroll jobs over the period April 2005 to March 2006 than had been thought. via the NY Sun

Not to be a conspiracy theorist, but you would think that the media would be working hard to make sure that the democrats won the midterm election.

But listen to this fact from the  PBS Panel at a recent conference  convened by Reuters on the news. Jeff Jarvis was attending and  heard this nugget.

(Carl) Bernstein asks the room who voted for Bush. Not a single person raises a hand. “This tells us something about we who are producing this,” he says.

This tells an interesting story that if the press is a united entity by voting against a politician, how can they honestly cover that politician and his party? This is not an idle question as you go to the polls, but one that opens your eyes to the prism that these reporters write in. Their publishers, editors,   and peers all share a common belief that the Republicans should not be in power. And then they tell us they are professionals and unbiased. We are a respectable site,   otherwise I would tell you exactly what I think of that.

If you believe what you see in the media, re-read the top part of this article. And remember, when Clinton was embroiled in the scandals in his first campaign for President, the press screamed at us that “It was the economy, stupid!” The press should remember those words now.

Posted October 11, 2006 by
Bloggers, Media, Politics | 8 comments

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  • Comments

    8 Responses to “It’s The Economy, Stupid”

    1. Houston on October 11th, 2006 10:34 am

      What about the Balance of Trade…..that is the big killer….it will be over 0.7 Trillion dollars/year this year.

    2. Miss-Underestimated on October 11th, 2006 10:40 am

      Buy American

    3. on October 12th, 2006 12:32 am

      Of course SM is right. The liberal press reports what they want to report and of course it’s all bad when it comes to the current administration.

      It’s like the soldiers in Iraq tell us – we hear only about the deaths, not the people who now go to school, are able to do things they’ve never been able to do, have more infastructure, etc.

    4. mamacita on October 12th, 2006 1:18 pm

      Those numbers mean nothing.

      Its how local folks in your community are doing. We hear about jobs and unemployment, but at the same time see many local companies bust or move out of the country.

    5. mamacita on October 12th, 2006 1:19 pm

      and besides…its one month before an election. What kinda numbers do you think they will report?

    6. dkpen on October 13th, 2006 12:57 am

      Now if we could just get the illegal immagrants out so they don’t take jobs away from those who are legal immagrants and other US citizens.

    7. Maurice B on October 13th, 2006 4:44 am

      I find it very funny that all of a sudden the stock market is doing well along with lower gas prices. This would not be happening if it was not an election coming up soon. Also those jobs numbers are misleading. Where I stay at in Ohio thousands have lost jobs and to top things off many don’t have health insurance including many of my friends and family. I have been lucky.

    8. anonymous on October 13th, 2006 5:41 pm

      This website is absolutely missing some crucial facts. Disappointing, rather.

      Please take note of this one:

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