The misery index is now at 8.
Democrats want to portray this as the worst economy since Herbert Hoover was president.
Unfortunately, the economy is not cooperating.
Unemployment dropped to 5.0% last month.
And inflation is at 3%.
Under the Misery Index, that’s pretty much the sign of a good economy.
So says Don Surber. And he’s right. Hume piles on, last night:
It appears that CNN has decided the U.S. is in a recession even though the economic data do not support that claim.
On its Web site, CNN posted the exit poll results from Tuesday’s West Virginia primary which asked voters if and how the “recession” has affected their family. All the major television networks use the same exit poll questionnaire.
And, while that generic survey asked voters, “Has the current recession or economic slowdown affected you and your family?”
Other networks, including this one, used the term “economic slowdown” when reporting the results. A recession is defined as at least two consecutive quarters of negative economic growth. The last quarter of 2007 and the first quarter of 2008 were marked by slow, but positive economic growth.
A lie told often enough and loud enough…. is still a lie. The news media is lying to us. Have you consdiered why they’d want to lie about the economy? Maybe they’re cheering for the Democrats who also want you to think things are worse than they are?
Tags: CNN, consecutive quarters, Don Surber, economic data, economic growth, economic slowdown, first quarter, Herbert Hoover, hume, inflation, last quarter, major television networks, misery index, news media, recession, unemployment, West Virginia
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