Posted on 04/24/2013 11:21:14 AM PDT by NoLibZone
The terrible economic news released today is so terrible Reuters didn't even attempt to spin it. The headline reads, "Durable Goods Report Delivers More Bad News for Economy," and the story gets right to the point:
Orders for long-lasting U.S. manufactured goods recorded their biggest drop in seven months in March and a gauge of planned business spending rose modestly, adding to signs of a slowdown in factory activity.
Durable goods orders slumped 5.7 percent as demand fell almost across the board, the Commerce Department said on Wednesday.
That is twice the drop economists expected.
Over at Hot Air, Ed Morrissey digs into and explains the numbers, but the media news here is the Reuters' headline. No "unexpectedly"; no spin towards whatever good can be plucked from the bad; and all of this coming just two days before the GDP estimate for the first quarter of 2013.
(Excerpt) Read more at breitbart.com ...
More Gun legislation or another bombing?
Is it time for another vacation? ;-)
Obama thrives on this crap. Manufactures it. All of his policies are designed for maximum effect agsainst freedom. Allow no crisis to go to waste.
Reuters must be racist.
News like this is always preceded by some sort of good economic news to balance out the truly bad stuff. Yesterday was good news about the construction industry.
Bad economic news due to the 0bama regime bungling and the commie kenyan trying to destroy this Country? The media will publish blank newspapers before they will report anything bad about his heinous 0bama!
Without even looking, I bet the Stock Market is UP! Bad news is good because Ben Bernanke will continue QE infinitely.
That’s why the FAA slow down started Monday. The left is gearing up for their finger pointing at Congress for the terrible news, and needed to drop some very visible cutbacks to the general public...something people can complain about.
My “Durable Goods” purchases are on hold until this asshat is out of the white house.
Starve the beast.
Watch the markets. That would create a diversion.
Republican caused Sequester. Isn’t it obvious?
Fortunately for Obama, the world is otherwise falling apart. So this won’t grab too many headlines.
YEP!
Market is up. Gold is up. EVERYTHING up on the bad news.
QE to Infinity, and Beyond!
On Google news the headline actually contained the official excuse - due to slower aircraft sales... never miss a beat. White house fax and email smoking hot today for the media.
LLS
All the news is thanks to Liberal political hacks everywhere.
The GOP should pull the blanket back on that one. But they probably like it.
He will push this off the front page with a giant PR campaign for immigration reform and an $8-million ad blitz for Obamacare.
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