Frustrated Incorporated
I just want something simple, like the TRUTH!

Thursday story in the New York Times, that referred to the 1.9% economic growth rate as “tepid” and that the stimulus had failed.

Here’s the Washington Post headline Friday: “Economy Grows on Impact of Stimulus,” the exact opposite take.

Thursday the economy, “tepid,” and the stimulus didn’t help.

Washington Post:

“Economy Grows on Impact of Stimulus; Troubles Expected As Effect Wears Off — The [commerce] department said the economy shrank at the end of last year, revising an earlier estimate of growth. And there is evidence that the decent growth in the second quarter will come at a cost. ‘We essentially traded strong growth now for weak growth later,’ said Sung Won Sohn, an economist at California State University.”

By the way, I discount all these economists that the Media find because every month when new economic figures or job figures or whatever come out, their experts are always surprised. Whether the news is good or bad, they’re always surprised at it. The news is always unexpected.

So they’ve got this guy from Cal State, Sung Won Sohn, who says,

“As a result, this may turn out to be a longer recession than we’re used to.”

We’re not in a recession!

The Simple Truth: we are not in a recession.

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