Claim: Big Hillary Money Man Offered Uncommitted Superdelegates $1 Million for Their Votes | Main | Jet Borne Flyin' Laser Cannon Will Soon Begin Test Firing... at Ground Targets
May 19, 2008

MSM Tries Redefining Recession as Up to 1.5% Positive Growth

If the numbers on the economy won't go sufficiently downwards, then, by golly!, we'll just have to raise the threshold for non-recessionary growth upwards!

Jesus they are just parodies at this point.

By the way, did you know that April saw record-breaking tax revenues despite the lower tax rates?

You probably didn't, because a recession-obsessive AP business writer failed to note April's bounty in order to focus-laser like on the fact that the net surplus for April fell from last year by ten percent (and last year was a record, by the way).

Now, of course, if the surplus declined despite revenues hitting record heights, that's because of increased spending, not decreased tax revenue.

But the AP doesn't want you getting confused into thinking that tax cuts may increase wealth as well as tax revenues so they omitted that fact and misleadingly suggested tax revenues were down. And, wouldn't you know it, the rest of the press followed that same storyline for the day.

Eddiebear.


digg this
posted by Ace at 05:44 PM

| Access Comments




Recent Comments
Apple Fritters While Rome Burns: "88. Did you do a good job of it? I mean, not just ..."

ryukyu: "291 The doctor's lounge at the main hospital I wor ..."

#neverskankles: "Every "smart" person was sure Trump would lose by ..."

Professor Chaos aka gumdrop gorilla: "Posted by: Insomniac - Getting Microaggressed on t ..."

buzzion: "[i]290 As ridiculous as it is the left is still ..."

Bandersnatch: "[i]The doctor's lounge at the main hospital I work ..."

The MFM: "This is a very localized story that's not in the p ..."

Apple Fritters While Rome Burns: "84. Naah....that'd just get willow in on it ..."

Tinfoilbaby: "Do the Dodgers and Cubs play again today? I'm on s ..."

Kreplach: "We knew the fix was in when immunity deals were be ..."

teej : "Golf? Heh. My favorite doc puts in 55-60 hour wee ..."

Shopgirl: "Schlicter on with Liz Mac/FBN. Damn, Colonel!! I ..."

Recent Entries
Search


MuNuvians
Polls! Polls! Polls!
Frequently Asked Questions
The (Almost) Complete Paul Anka Integrity Kick
Top Top Tens
Greatest Hitjobs

The Ace of Spades HQ Sex-for-Money Skankathon
A D&D Guide to the Democratic Candidates
Margaret Cho: Just Not Funny
More Margaret Cho Abuse
Margaret Cho: Still Not Funny
Iraqi Prisoner Claims He Was Raped... By Woman
Wonkette Announces "Morning Zoo" Format
John Kerry's "Plan" Causes Surrender of Moqtada al-Sadr's Militia
World Muslim Leaders Apologize for Nick Berg's Beheading
Michael Moore Goes on Lunchtime Manhattan Death-Spree
Milestone: Oliver Willis Posts 400th "Fake News Article" Referencing Britney Spears
Liberal Economists Rue a "New Decade of Greed"
Artificial Insouciance: Maureen Dowd's Word Processor Revolts Against Her Numbing Imbecility
Intelligence Officials Eye Blogs for Tips
They Done Found Us Out, Cletus: Intrepid Internet Detective Figures Out Our Master Plan
Shock: Josh Marshall Almost Mentions Sarin Discovery in Iraq
Leather-Clad Biker Freaks Terrorize Australian Town
When Clinton Was President, Torture Was Cool
What Wonkette Means When She Explains What Tina Brown Means
Wonkette's Stand-Up Act
Wankette HQ Gay-Rumors Du Jour
Here's What's Bugging Me: Goose and Slider
My Own Micah Wright Style Confession of Dishonesty
Outraged "Conservatives" React to the FMA
An On-Line Impression of Dennis Miller Having Sex with a Kodiak Bear
The Story the Rightwing Media Refuses to Report!
Our Lunch with David "Glengarry Glen Ross" Mamet
The House of Love: Paul Krugman
A Michael Moore Mystery (TM)
The Dowd-O-Matic!
Liberal Consistency and Other Myths
Kepler's Laws of Liberal Media Bias
John Kerry-- The Splunge! Candidate
"Divisive" Politics & "Attacks on Patriotism" (very long)
The Donkey ("The Raven" parody)
News/Chat
Archives
Powered by
Movable Type 2.64