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Economic Growth Surges, but Democrats Ignore the Truth Again
northstarwriters.com ^ | September 1, 2008 | Herman Cain

Posted on 09/01/2008 2:31:06 AM PDT by tomymind

While the Democrats had their week of unchallenged propaganda about their party – how perfect it is and how terrible the Republicans are – the latest good news about the economy and the average adjusted gross income went unnoticed.

Once again, when Democrats don’t like the facts, they just ignore them with the help of the mainstream media.

On August 26, Investor’s Business Daily reported data from the Internal Revenue Service showing that the average U.S. income had increased every year for five straight years through 2006. In fact, the $58,029 average was $739 higher than the peak year of 2000, the year before the 2001 recession.

The following day, Sen. Joe Biden declared in his vice-presidential acceptance speech that “John McCain thinks that during the Bush years we’ve made great progress economically, I think it’s been abysmal!” Great progress or abysmal, you make the call.

On August 28, the Associated Press reported the latest Commerce Department data showing that the economy grew faster than previously thought in the April-June 2008 quarter. Gross domestic product (GDP) grew at 3.3 percent, exceeding both the initial estimate and economists’ expectations.

As a reminder, we still have not had a recession since 2001, using the standard definition of a recession as two consecutive quarters of negative GDP growth. But don’t tell the Democrats and the mainstream media. You might disrupt their imaginary recession.

(Excerpt) Read more at northstarwriters.com ...


TOPICS: Business/Economy; Extended News; News/Current Events; Politics/Elections
KEYWORDS: bush; democrats; economics; economy; election; elections; growth; gwb; hermancain; mccain; media; mediabias; norecession; obama; rats; taxes

1 posted on 09/01/2008 2:31:07 AM PDT by tomymind
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To: All
Why is the US not in a Recession?


2 posted on 09/01/2008 2:35:38 AM PDT by tomymind
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To: tomymind

PULL THE CARPET UNDER DEM’s FEET !

“Bad economical” trend is their main(only)argument if you withdraw that bone from their mouth ,they have nothing to say!
Scary!


3 posted on 09/01/2008 2:45:45 AM PDT by Ulysse (i)
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To: tomymind
Once again, when Democrats don’t like the facts, they just ignore them with the help of the mainstream media.

Once again, when Democrats don’t like the facts, they just hide them with the help of the mainstream media. There...I think that's the message here!

4 posted on 09/01/2008 2:53:26 AM PDT by CRBDeuce (an armed society is a polite society)
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To: tomymind

When will the brains start hitting the floors from the dems bashing their heads against the wall with having to spin or smear more stories?—whoops, that’s right—brains never were a feature dems could lay claim to having.


5 posted on 09/01/2008 2:55:00 AM PDT by freeangel ( (free speech is only good until someone else doesn't like what you say))
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To: Ulysse

They have nothing to run on! Oh I forgot they do! LIES


6 posted on 09/01/2008 4:40:43 AM PDT by ronnie raygun (IF YOU ARE NOT CONSERVATIVE BY 35 YOU HAVE NO BRAIN. W CHURCHILL)
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To: ronnie raygun

Obviously you have to expect some tough rhetoric in a campaign. But Obama’s comments the other night trashing McCain for saying our economy is essentially sound were quite outrageous. What does Obama mean to imply, that were are worse off than during the Great Depression? That kind of pessimism only makes Americans more apprehensive and upset. But maybe that is the Dems’ goal. Make their wild claims a self fulfilling prophecy.


7 posted on 09/01/2008 5:06:19 AM PDT by TNCMAXQ
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To: tomymind
"ECONOMIC GROWTH SURGES..."

Minorities and women hit hardest.

8 posted on 09/01/2008 5:15:29 AM PDT by stockstrader (CHANGE YOU CAN BELIEVE IN--a ticket with 2 liberal, arrogant, elitist lawyers/beltway senators /s)
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To: tomymind

Bookmark


9 posted on 09/01/2008 5:50:11 AM PDT by Mase (Save me from the people who would save me from myself!)
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To: tomymind
What recession?? I refuse to participate in a RECESSIOn that is caused by the media.

The depression that the DEMS are in is caused by one thing - they will LOSE because of an ANTI-AMERICAN MARXIST and a Delaware senator known for Palgiarizing speeches, instead of a true American hero - who spent 5 years in Vietnam at the Hanoi Hilton - and a very hot (for an older lady) governor (and McCain's wife is not bad looking either!).

Heck, if the race was for first ladies - Cindy is much better than Michele MyBelle!! Cindy got class and she been PROUD of her COUNTRY a lot more times then Ms. Marxist!

10 posted on 09/01/2008 6:20:52 AM PDT by RightWingTeen (Support FREE education - Homeschool and FREE your kids from SOCIALISM!)
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