IT did not take long for the mainstream media to decide to make yet another push for president Obama. Over the weekend we were treated to articles with headlines like "Obama Rides Favorable Political Winds". The new storyline is that Obama is running a string of successes while the GOP candidates tear each other apart. And what are the successes? GDP growth reached 2.8% in the fourth quarter of 2011 was the most important one. Amazingly, the reporters ignore the fact that the growth rate was most influenced by an uptick in inventory which is a signal that growth will most likely slow as we move forward. Instead they are busy doing high fives over an a growth rate so anemic that it is a disgrace. It is much like celebrating the skill of the doctor when a patient manages to live after minor surgery. Obama should have had the economy back to major growth; instead things are limping along. Another big success is the rescue by Navy seals of two aid workers from pirates in East Africa. In fairness, this is a success for the seals, not the president. The third big success that the press was celebrating was that Obama got to go out on the campaign trail. Seriously, this got listed as a success by the AP. Are they kidding?
I do not know what will happen in November when the USA votes. I certainly hope Obama loses, but only time will tell. I am certain, however, that no one will vote one way or the other because of any of the "successes" identified by the press.
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