i understand that the economist errors have been bi-partisan. however, reality is reality. the real question is why are the "expectation setters" so wrong? they are the ones that should be called out on the carpet, not the president. the increase is still great news.
comparing this to the stock market is an apples to oranges comparison, however. i thoroughly agree with what you have said, but the market is driven by profits (corporate efficiencies to those of you business haters out there) and psychology. many investors have much "skin in the game" in this case. in the above case the only skin people are going after is george bush's.
The EXPECTATIONS GAME is a perfect analogy to the stock market,,,,,just like it's a perfect analogy to debates,,,or anything else (even marriage......lol) where EXPECTATIONS are set ahead of time.