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October 10, 2010

How The Media Reported Reagan's Recession vs. How They Report Obama's

And don't even bring up Bush's! They attacked Bush daily for having a high unemployment rate of 5.5-6%, always citing the "discouraged workers" which would bring the real number up to something like 10%.

Well, Obama's unemployment rate is 10% (give or take) and his real number, with discouraged workers and the under-employed, is 18-19%, so of course we don't hear about this latter metric anymore.

Behold. Reagan's recession was "wicked" but Obama's is filled with lots of "good news" (and they say so again and again).


Thanks to Soothsayer.

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posted by Ace at 04:03 PM

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