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February 27, 2007

Dow Plunges Over 400

Well, I guess that's one way to get the media to report on the stock market and economy, huh?

A harbinger of the coming recession, we'll now be told.

Coming recession?

Last time I checked the media was still permitting Democrats to claim we're currently in a recession without any sort of challenge, fact-checking, or truth-squading.

And so the media's reporting will go precisely as I said. The new business cycle, at least when a Republican is President, is recession -- (guilty whistling) -- contraction -- recession.

That whole "expansion" part never gets reported on, until it's over.


Corrected: I wrote "over 500" originally. I thought that's what the information was at the time, but perhaps I misread.


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posted by Ace at 05:33 PM

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