Exasperation. Yeah, that pretty much sums it up.
News organizations should be reporting the news – period. We hear about the sob stories, we hear about the meltdowns in different sectors of the economy (house sales, sub-prime, unemployment way up in certain areas, and the like). Think of bad news? Front and center!
This is why the network news and large newspapers are losing eyeballs – partisanship. Not reporting good news is just that, as non-reporting is as important (and wrong) as only reporting on one side of a story.
The Commerce Department reports:
Commerce Secretary Gutierrez Hails 2nd Quarter Growth Spurt Driven by Booming Record Exports
WASHINGTON—Commerce Secretary Carlos M. Gutierrez today released the following statement on the preliminary estimate of real gross domestic product (GDP), which showed that the American economy grew at 4.0 percent in the second quarter of 2007:
For an economy of our size, 4.0% (revised upward from 3.4%) is very robust!
“This upward revision of four percent to the already strong second quarter economic growth advanced estimate is welcome news. Today we saw a substantial extra contribution to growth from net exports and an additional boost from business investment.
“President Bush believes we should promote an export culture because it will help to create jobs and make America more competitive. We are working to increase U.S. exports to the world by opening markets for American workers and businesses.
“In addition to exports, our underlying economy is strong, despite concerns being worked through in the housing markets. The American economy has been able to withstand many challenges. These 23 straight quarters of economic growth have brought us rising wages and historically low levels of unemployment—lower than the average in each of the past four decades.
I’ve seen the MSM report on this – very low unemployment. However, it has been done from the other side – now it’s misery for employers! Remember, the MSM has spent the last few years decrying the "lagging" rise in jobs and raises. Now that this time has appeared (employers now have to compete with wages), now it’s a problem instead of lauding that employees may now "share in the wealth"….sheesh….
Our economy has generated 7 million new jobs in the last 4 years; the budget deficit reduction has blown by the initial estimations (and continues to blow past even yearly estimations) as tax receipts rush in due to the tax cuts.
What’s not to like?
Oh yeah, Presidential Elections…the Dems see nothing but "the sky is falling"…..
That’s why.
(H/T: CNSNews)
