Monday, February 09, 2004

I'm With Stupid: I'm still a little confused by all this talk of doom and gloom of the economy. Productivity has recently started skyrocketing. And job growth, which has always been a lagging indicator, is starting to increase.

Yet news stories all lead by saying that the current job growth is disappointing.

We have 5.6 unemployment rate in this country, and it's dropping. Other countries, like Germany, are seeing their unemployment rate rise to 11 percent, and continue rising.

I have argued and will continue to argue that the President of the United States has little affect on the nation's economy. So why do politicians keep bemoaning or exaggerating the economy? Why does the news media look for the worst in what are obviously rosy forecasts?

The economic condition in this country is the best in the world, and it's continuing to improve. Let's enjoy it and quit squabbling over it.


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