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February 16, 2007

MSNBC: Economy Set For "Robust Growth"

On MSNBC, but from Britain's Financial Times.

The catch? They're calling Europe's economy "robust," because it's going to manage the stratospheric level of 2.7%. Two. Point. Seven. Whoo-hoo.

Oh -- it's expected to grow at that level this year. It hasn't done that yet.

Meanwhile, analysts predict a "soft landing" in the US of 2.5% growth. So -- 2.7% for Europe is "robust" growth, whereas growth of .2% less is a "soft landing" for the US?

Doesn't that mean the US's growth was much more robust these past few years?

Robust? Seems to crush the hell out of Europe's measly (projected) 2.5% growth.

Ah, the fair and balanced media.

As I've always said, the media is only willing the mention the Bush Boom posthumously. Only when the boom runs out of steam will the media tell us how much the country was growing just a couple of years ago, to contrast the current anemic growth of the past.

So the new business cycle, according to the MSM, is "recession -- recession -- (quiet whistling as eyes stare fixedly at feet) -- soft landing/contraction -- recession." At least when there's a Republican in the White House.

They just kinda never get quite around to reporting on that growth phase while it's actually happening. People could get the wrong idea.

Thanks to gengis.

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posted by Ace at 05:57 PM

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