Four years later, all he can say is “an economic recovery has begun”?
The New York Times is carrying a front-page article today entitled “Why So Glum? Numbers Point To A Recovery.” It is but the latest example of how The Times has turned into an propaganda instrument of the Obama administration.
Floyd Norris, the article’s author and the chief financial correspondent of The New York Times, argues that [...]
The economy grew at a 2.2 percent pace in the third quarter, as the recovery got off to a weaker start than previously thought. However, all signs suggest the economy will end the year on stronger footing.The Commerce Department’s new reading on gross domestic product for the July-to-September quarter was slower than the 2.8 percent [...]
With the news that GDP grew at 3.5% in the third quarter, it seems apparent that economic recovery is underway. How much of this was a result of government programs? To evaluate this, it is important to understand what constitutes a recovery. There are three developments needed to restore the economy to its prior vibrancy. [...]