So just to recap: Unemployment falls. GDP races ahead by 5.3 percent ("some measures") — the fastest growth in 2 1/2 years. Yet the New York Times surveys this landscape and declares, "The sky is falling! Look out!"
It is likely that the economy will not repeat last quarter's astonishing growth — how long can 5.3 percent expansion be sustained? But looking at the press coverage of today's jobs report, one would be forgiven for thinking that by August, the most difficult decision facing average Americans will be whether to eat Whiskas and Friskies. We're at near-full employment. Is this a problem of unrealistic expectations, or is there some other agenda driving this relentlessly downbeat coverage?
As I noted some months ago, the American public is being subjected to command hallucinations, and these MSM voices keep repeating doom, gloom, blah, blah, blah.
Yes, it is definitely insane AND there definitely is an agenda that is behind those relentlessly negative voices...
Can you figure out what the agenda is?
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