I was watching CNN’s Anderson Cooper last night and they had a piece on Sarah Palin. Cooper interviews a reporter and asks about the Governor’s private jet that Sarah Palin sold. The reporter said that the jet sold for $600,000 less than what it was worth. The insinuation was that Sarah Palin’s “sale” may have been great for her own personal publicity, but was a poor deal for the state.
Not true. NOT TRUE! The jet sold for $600,000 less than it’s new purchase price. That is a huge difference. Things tend to sell for a little less when they’re used, Anderson.
Thanks to Sarah Palin’s personal decision as incoming Governor, the state of Alaska had $2.1 million dollars that it otherwise wouldn’t have had.
The snide allusions are simply unrelenting.
You literally have to already know the news in order to watch the news anymore.
Having said that, consider carefully what you believe in the avalanche of bad press about the Bush economy. It aint the best it’s ever been, that’s true. It aint even the best it’s ever been during the Bush years. But in the grand scheme, it just aint that bad.
The Gateway Pundit had this to say a few months ago:
Bush Unemployment at 5.0%- Bad… Clinton Unemployment at 5.4%- Good
Something you will never hear from the mainstream news…
The average unemployment rate during the Bush years is running lower than during the Clinton years.
Numbers from US Misery Index
June 7, 1996– Here is how the mainstream news (Dan Rather) reported that the unemployment rate jumped up to 5.6%:
“The government came out today with its latest report on unemployment. It says the unemployment rate rose slightly, 2/10ths of a point last month, up to 5.6 percent – still low overall. And the numbers, pure and simple, can be misleading. Economics correspondent Ray Brady tonight has the story behind them.”
Hiring practically stalled in December, driving the nation’s unemployment rate up to a two-year high of 5 percent and fanning fears of a recession.
Employers last month added the fewest new jobs to their payrolls in more than four years, according to the employment report released Friday by the Labor Department. The report showed that employment conditions are deteriorating, strained by a housing slump and credit crunch that are sapping economic strength.
“The economy is getting hit by some body blows. The big question is whether the economy can withstand it or will it take a fall,” said Ken Mayland, president of ClearView Economics.
UPDATE: Here’s CNN’s headline today:
“Jobs weak, unemployment soars”
Since when is a 5% unemployment rate described as soaring?
MORE… The clueless call this a disaster.
So just let me make mention of the fact that the media are overwhelmingly snide, snotty, smarmy, and flat-out ideologically biased.
The media routinely misrepresent the economy, and they have been doing it for years.
When you consider the economy decade by decade, the unemployment rate this decade is better than it was during the 1990s, better than the 80s, better than the 70s, and better than the 60s.