MSNBC runs a funny picture of the White House response to the news that economic growth is at a four-year low.
Source link: http://blog.mises.org/6568/trust-me-all-is-well/
Trust me, all is well
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All is well.
Confidence!!!!!!
You money really isn’t going down in value and all we have to do is stimulate the economy though more government spending and by creating more currency.
The big story here is that the headline is “Economic growth at a four-year low” which implies the obvious “Finally: bad economic news under a Republican president so we can start talking about the economy again.”
The story isn’t the hot economic indicators which were [mainly] the result of printing money under Clinton and are also [mainly] the result of printing money under Bush. The only story (and it is a yawner) is that they are treated differently.
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