Friday, February 03, 2006

What Bad Economy?

The numbers on the economy were released today and, again, the unemployement rate 4.7%. That's the lowest rate in 4 1/2 years. There were 193,000 jobs added in January. Numbers for November and December were revised upward as well. This despite hurricanes in the Altantic, the Gulf Coast, wildfires, and war.

Now, how many of you knew this? Is it one of the top stories on your local or national news? It isn't on mine. In fact, "despite good news on some economic matters, Americans still feel anxious about the economy, polls indicate."

In the 1990s, a growing economy was usually one of the top stories on the nightly news. What's the difference now?

UPDATE: For more information on this subject Jayson at Polipundit does a much better job than I could.

Links to this post:

Create a Link

<< Home