Hey where’d the media go? Oh there you are, hiding under your desks!
After
falsely confirming and reconfirming
out-and-out lying, over and over, that the U.S. is in “recession” for the past year or so, which it hasn’t been, you’d think the liberal media both here and in the U.S. would have to cave and be all over the latest stats which show that the U.S. economy has in fact had a HUGE, positive quarter of GDP and export growth (the exact opposite of “recession”).
The Commerce Department reported Thursday that gross domestic product, or GDP, increased at a 3.3% annual rate in the April-June quarter. The revised reading was much better than the government’s initial estimate of a 1.9% pace and exceeded economists’ expectations for a 2.7% growth rate.
Alas, no. They aren’t all over it. And this is an election year. And that means they are a bunch of biased, lying louts who are prepared to put their own political interests (all left-wing) ahead of reality and their own nations’ well-being. And, once again, proves they can’t be trusted. In fact it proves they’re spreading misinformation with little or no interest in correcting it even in the face of the facts.
If the liberals and left and all their media (hi CTV, Global, National Post, CBC, Globe and Mail, every U.S. liberal media outlet, and Dion and Layton and Bobo the Clown!) can report with “man-made global warming”-style certainty that the U.S. is in “recession” —despite no credible stats indicating that bogus statement of “fact”—then after today’s official economic reports, I can report that it is in fact doing something closer to BOOMING.
BOOMING.
Since a “recession” is officially two consecutive quarters of negative GDP growth, the liberals and their media won’t even have the chance to blast the Bush administration (and stick it to John McCain) with pre-election reporting of recession (if they do, they are outright lying, again, some more), since the next quarter ends September (which would have to show a negative GDP), and then the one after that ends in December, after the election (which would ALSO have to show negative growth).
Exports were up 13.2 percent.
The U.S. government is still spending too much money on programs and entitlements and earmarks and things like Hillary Clinton’s multi-million-dollar ode to rock and roll concerts of her ancient era, and other such mostly Democratic Party inspired spending “ideas”; its debt level too high; the housing market still worrisome; and they need to drill for their own oil and build gas refineries and create other sources of energy like nuclear, which the left has prevented them from doing all these years. And so as a result the economy is still now on shaky ground. The U.S. and Canada both need to cut spending in all the areas it controls except national defence, and to lower taxes so consumers and businesses can keep more of their own money in their pockets and spend it as they see fit instead of giving it to governments which actually take pride in promising to spend it for us and waste it —because that’s what they do best—far better than we could do on our own.
EXTRA PERFIDY:
The CBC.ca’s top headlines have ALWAYS included every dismal U.S. economy stat and the implication (or worse) that it’s in “recession”, for all the Bush years. But today, the headlines are “Liberal party ready for election: Dion Comments” and “Obama ‘ready to be president,’ Bill Clinton tells convention” and such. Nothing about the tremendous growth stats in the U.S. economy.
PTBC was founded by Mr. Johannesen in 2000.
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