Tuesday, November 29, 2005

Good Economic News From the New York Times

The New York Times finally realized that the economy is doing pretty well.

"Gasoline is cheaper than it was before Hurricane Katrina slammed into New Orleans. Consumer confidence jumped last month and new home sales hit a record. The stock market has been rising. Even the nation's beleaguered factories appear to be headed for a happy holiday season.

By most measures, the economy appears to be doing just fine. No, scratch that, it appears to be booming."

The article goes on to say that so far in 2005 the economy has created over 1.6 million new jobs.

The amazing thing about the article is not that the Times finally noticed that the economy is doing well (only three years late) it is that after complaining about the Bush economy during the campaign, the New York Times can write an entire article about how good the economy is and never mention President Bush's role in it.

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