Hapless Headlines Sept 13thPosted By Dave Snope |
The press was skewering Bush when unemployment went from 4.8% to 4.9%
They still refuse to give Reagan credit for the recovery from a worse unemployment rate than we have now. And they still blame Obama's economy on Bush.
Krugman at the NY TImes says that Reagan's recovery would have happened by itself: “The secret of the long climb after 1982 was the economic plunge that preceded it. By the end of 1982 the U.S. economy was deeply depressed, with the worst unemployment rate since the Great Depression. So there was plenty of room to grow before the economy returned to anything like full employment”
Yet Krugman and the rest of the MSM keep saying that Obama was handed a recession, and they keep supporting Obama as he moves back the recovery goalposts every 6 months. Oh, and they explain that this is a different kind of recession than Reagan's, that it is a financial crisis, and these take longer to recover from (Robert Shapiro).
They are shameless.
They still refuse to give Reagan credit for the recovery from a worse unemployment rate than we have now. And they still blame Obama's economy on Bush.
Krugman at the NY TImes says that Reagan's recovery would have happened by itself: “The secret of the long climb after 1982 was the economic plunge that preceded it. By the end of 1982 the U.S. economy was deeply depressed, with the worst unemployment rate since the Great Depression. So there was plenty of room to grow before the economy returned to anything like full employment”
Yet Krugman and the rest of the MSM keep saying that Obama was handed a recession, and they keep supporting Obama as he moves back the recovery goalposts every 6 months. Oh, and they explain that this is a different kind of recession than Reagan's, that it is a financial crisis, and these take longer to recover from (Robert Shapiro).
They are shameless.
