It's All Bush's Fault
Holiday spending was up by 8.7%. Not exactly the sign of a sluggish economy.
posted by LadybugUSA at 9:49 PM
Monday, December 26, 2005
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4 Comments:
MSM will say "It's all Bush's fault that Holiday spending was only up by 8.7%. Must be the sign of a sluggish economy." MSM must always be negative. We must ignore the negativity.
Is it also President Bush's fault that new home sales fell by 11.3% last month, the largest decline in 12 years? Just curious.
A correction to Carol's original post. The 8.7% increase quoted only includes purchases over $1000. According to the preliminary SpendingPulse analysis of all sales, overall holiday spending was up 5.2%. The comparable figure last year was 8.1%. [Cite]
Stackja1945 wrote, "MSM must always be negative. We must ignore the negativity."
Yhe MSM posted a number that was more than 50% larger than the actual number. Is trying to make the economy look stronger than it actually is a sign of negativity?
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