No respect

[sbp]

http://www.washtimes.com/national/inpolitics.htm

"Friday's report of roaring job numbers for March ... was good news that even the chattering classes couldn't deny," the Wall Street Journal says.

"Then again, give them a day or two, and they'll have us back in Hooverville. Like Rodney Dangerfield, this is the recovery that can't get no respect," the newspaper said in an editorial.

Today's unemployment rate of 5.7 percent is close to the level that President Clinton boasted about when he sought re-election in 1996. Meanwhile, inflation has fallen by a full percentage point in the past eight years. ... President Bush's policies should be enjoying at least a modicum of respect.

"Instead, the media have done a terrific job of convincing everybody that these are the worst of times."

A poll by the American Research Group in mid-March found that 44 percent of Americans thought the country was still in a recession, which is strange when you consider that the last recession ended in November 2001 and for the last two quarters of 2003, the U.S. economy grew at an annualized rate of 6.1 percent, the fastest in 20 years, the newspaper said.

The Journal concluded that the pessimism is "fed by Democrats who want to retake the White House."

"But it's also flogged by a media that can't seem to admit that the real news of the past three years is how well the U.S. economy has weathered the shocks of a huge stock-market blow-off, September 11, business scandals and the long prelude to war in Iraq."

The newspaper added: "Still and all, by November, the American people will have had ample time to figure out the good news behind this smoke screen of negativity."

[TheSovereign]

liberal spin is a beautifull thing