HERE’S TODAY’S MEDIA BIAS QUIZ…
Guess which of these statements made the mainstream media headlines:
A.) US April tax receipts hit all-time record
B.) Record low unemployment rate offers new challenges to military recruiters
C.) Inflation is down to 3.0% from 4.1% in 2007
D.) Horses Abandoned Over Bad Economy
Although, each of these statements is true, the correct answer is C.
With an unemployment rate at 5.0%, continued GDP growth, Inflation down to 3.0%,… The people are so broke they’re abandoning their horses(?)
Maybe they should eat them instead?
Goodness… What will people do if unemployment reaches 6.0%?
In related news… The cause of much of the economic hardship is the current price of gas.
Democrats blocked domestic oil development this week.
UPDATE: Don Surber compares today’s economy with the Jimmy Carter economy, via Instapundit:
It was 22 in June 1980 when Jimmy Carter was president. Inflation was 14.38% that month and unemployment was 7.6%.
