***Brian Wesbury, chief economist of Griffin, Kubik, Stephens and Thompson, a brokerage firm in Chicago's Sears Tower, says that in the year before Bush took office there were a great many signs the boom had ended,
all ignored by the mass media. Now, he says, these same media are ignoring what he calls the new Bush boom. "In 2000, the stock market was down, housing was slowing, manufacturing was slowing, we had declining industrial production, job growth was slowing and you could clearly tell that we were going into a slower-growth period. And yet the media missed it," says Wesbury, who was chief economist for the Joint Economic Committee (JEC) of Congress in the mid-1990s.
"What has happened in this past year is that the economy has been accelerating sharply, and yet story after story after story has been about how somehow there is something wrong with the economy, when in fact it's firing on all cylinders and accelerating sharply. ... What we're seeing here is an incredible turnaround." ***
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No surprised that biased news anchors, LIBERAL talking heads and Democrat presidential candidates are peddling the lie of a disasterous economy as fast as they can.
"In 2000, the stock market was down, housing was slowing, manufacturing was slowing, we had declining industrial production, job growth was slowing and you could clearly tell that we were going into a slower-growth period. And yet the media missed it," says Wesbury, who was chief economist for the Joint Economic Committee (JEC) of Congress in the mid-1990s.They didn't miss it at all, they just ignored it. It didn't make their boy Bill look good, so they just decided not to report it.
But they're not biased, Oh Heavens, no!