Friday, February 10, 2006

Good News Is No News

Remember I wrote several days ago about the fantastic unemployment numbers of last month were at 4.7%, and how the main stream media completely ignored them? Well, now the numbers are even better and they received the same treatment.

The newest figures show that the unemployment rate is at a six year low. That means that even during the dotcom bubble of the late nineties, when it seemed that everyone was making tons of money and times couldn't get any better, before the big crash that is, these new numbers show that times are better now, and it isn't all smoke and mirrors like it was back then. The market lost nearly three trillion dollars when the dotcoms went under.

The report said that the underlying figures indicate that these numbers are solid. This rate is based on manufacturer's growth indicators of goods and services, plant expansion and the purchase of capital equipment.

This is really good news. Right? Not according to the media. The newspaper in our town of Madison, Wisconsin, The State Journal, had a 4 inch column at the bottom of the last page of the paper. And remember, this paper is the 'fair and balanced one' that I mentioned in my earlier post.

Who's side are they on? Aren't they suppose to tell us that our country is growing and that we have a great future because more people are employed and that the economy is booming?

No, sorry, that's not how it works. That's good news and it can be directly connected to George Bush's efforts to rebuild America with his tax cuts. This in turn means bad news for the Democrats, so the liberal news media won't consider it newsworthy.

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