By Janet Novack
"What a difference a year makes," U.S. Treasury Secretary John W. Snow exalted yesterday. "A year ago at this time, the talk was of deflation. The recovery was under way, but the commentators all said it was wobbly and anemic and weak and fragile, and then you got the tax cuts. What those tax cuts did was to put oxygen in the economy."
Yep, a year sure makes a difference. As Snow points out, the U.S. economy is now growing at an impressive pace, and the recovery has belatedly begun generating new jobs — 625,000 in March and April alone. A year ago, such good news surely would have swayed voters. But with gas climbing past $2 a gallon and the situation in Iraq deteriorating, the public seems less than impressed by the economy's strength.
For example, in a Washington Post/ABC News poll taken late last week, 54 percent of adults disapproved of President George W. Bush's handling of the economy, and 57 percent said he didn't understand the problems of people like them — the sort of perception that hurt his father's reelection bid. Back in April 2003, when there were 1 million fewer jobs, only 45 percent of those polled disapproved of Bush's economic leadership, and 48 percent thought he was out of touch. Investors seem equally leery; this month, the UBS/Gallup Index of Investor Optimism is at its lowest since October, with 70 percent of respondents saying energy prices are hurting the investment climate "a lot."
http://msnbc.msn.com/id/5067838/As we all can see, Al Franken is the only media source which has morals and/or resources to investigate the American Media Whore lies. What does that have to say about Democracy and/or the power of the lying, cheating, immoral... republican party? I heard on mainstream TV and radio for the last 3.5 years that, 'The recovery will be here next quarter.' To be honest, I've never listened to Limbutt and I get a kick out of listening to him via the Franken show but I think it's time Al go after a more serious issue, the life of our country. The embedded cheating, corruption, racketeering, (at the very least immorality) of the American Media Whore announcers. But in fact it isn't the announcers, they are no different than aWol reading scripts. It's the CEOs and board of directors. I want to hear Franken play a 1000 times from 100 different sources that 'the recovery will be here next quarter.'