I do not fear computers. I fear the lack of them - Isaac Asimov
It’s nothing short of easy to shit on the press when it comes to Obama--everything he does is wonderful, everyone loves him, and all are optimistic that the best days are yet to come. Even when times are bad, there are signs of “hope.” Well, on the heels of this ridiculous piece of propoganda by EJ Dionne, in which he claims that “A media environment that tilts to the right is obscuring what President Obama stands for and closing off political options that should be part of the public discussion,” (check out the remarks in the comments section for a real laugh), we get a couple of bits of North Korea-style articles on the economy masquerading as “news.”
The first one is from the Los Angeles Times, touting the new and exciting world of “funemployment"--and no, I’m not making that term up:
What most people would call unemployment, Van Gorkom embraced as “funemployment.”
While millions of Americans struggle to find work as they face foreclosures and bankruptcy, others have found a silver lining in the economic meltdown. These happily jobless tend to be single and in their 20s and 30s. Some were laid off. Some quit voluntarily, lured by generous buyouts.
Honestly, can anyone contemplate an article like this during the Bush years terming the unemployed as “happily jobless”?
Then there’s this article from the AP:
April’s same-store sales figures included Wal-Mart and edged up. But excluding the world’s largest retailer, May was the 10th straight month of same-store sales declines, according to a tally by Goldman Sachs and the International Council of Shopping Centers.
The results come amid faint signs that the gloom of recession is lifting. On Thursday, the Labor Department said the number of Americans on the unemployment rolls fell slightly for the first time in 20 weeks, while the tally of new jobless claims also dipped.
In May, the Conference Board’s Consumer Confidence Index rose to its highest level since September. And several retailers including BJ’s and TJX Cos. indicated traffic improved in May.
But that generally did not translate to sales, as job worries and falling home prices are still clearly weighing on consumers as they shop.
Well, in my book, if people aren’t buying shit, then consumer confidence is not up. Notice the article doesn’t mention the number of jobs lost in May, which I cited yesterday, and only reveals that the spending is the result of people frequenting lower-cost retail venues like Wal-Mart later on in the article.
Recall the articles I cited in my post yesterday--those articles were from when times were good. How come all of a sudden rising unemployment and decreased sales are signs of optimism? (Yes the question is rhetorical)
The most telling and teeth-grindingly stupid passage is in the LA Times article:
Buoyed by severance, savings, unemployment checks or their parents, the funemployed do not spend their days poring over job listings. They travel on the cheap for weeks. They head back to school or volunteer at the neighborhood soup kitchen. And at least till the bank account dries up, they’re content living for today.
That folks, right there, is how a glorified ward-heeler like Obama got elected.
Please donate to the server fund, and help prevent Jim and Donna’s server account from being “funactivated.”
Posted by on 06/04/09 at 04:50 PM (
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In my home state the unions are running commercials on TV trying, of all things, to convince people to tell the politicians to tax them more instead of cutting their out of control and wasteful spending, so the state employees do not have to suffer along with the rest of us shlobs not protected by the crooks in government, and have some of them laid off too. I kid you not. The media’s coverage of this? Courageous stat employees speak truth to power… Idiots the lot of them I tell you.