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Thursday, April 15, 2010

Good economic news

Reading the press today, I saw that the economy has turned the corner and is expanding rapidly into a strong recovery. Then came the statistics: New unemployment claims jump by large numbers for the second week in a row. According to the government, both weeks were thrown off by Easter. Last month it was rain storms and before that snow storms. Apparently, the government believes that so long as the jobless numbers increase it is due to some anomaly. Next we learned that the number of homes being foreclosed has also soared. No one has explained how this happened after Obama and the obamacrats had three separate plans put into effect to prevent people from losing their homes. It must be another anomaly.

The truth is that the economic statistics are mixed. We may see a nice recovery eventually, but right now, we are in a very fragile condition. One big blow to the economy could send us falling right back into recession. It would be nice if the media stopped acting as cheerleaders for the Obamacrats and instead reported the actual facts. Most people will not be fooled by "news" articles that recite propaganda, but the press should take its job more seriously. the public has a right to know the truth.

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