Newsbusters spots U.S. News & World Report claiming, “Why a Rising Unemployment Rate Is Good News.”
Hey, it all depends on who’s in power: back in 2004, CNN was giving President Bush grief for an unemployment rate that was nearly half of President Obama’s. Or as the Professor writes today, “That’s the great thing about having a Democrat in the White House: Everything is good news!”
Advertisement
Mike Opelka of Big Journalism adds, “Earth to Media: Unemployment Numbers Are Like Golf Scores — the Lower the Better.”
And from early 2009, a look back at how blowout federal spending didn’t lead to new jobs the last time it was tried:
Join the conversation as a VIP Member