After the American economy delivered more bad news today in the form of an increase in the unemployment rate and job growth that barely kept up with the increase in population, it took exactly 4.3476 seconds for the Washington Post's Ezra Klein and some flak for NBC News to jump before the "Morning Joe" cameras to assure Americans this was good news.
Apparently, the increase in the unemployment rate means the economy is so good, more people are joining the labor force ... except 169,000 people dropped out of the labor force and the economy isn't good; it collapsed over three points in the last quarter and shrunk 0.1.
The AP called today's news "upbeat, " you know, even though consumer confidence hit a two-year low. But still, people are optimistic and looking for work … in an economy where chronic unemployment hasn't been this bad since World War II.
But according to Ezra Klein that's because a government that increased spending during the last quarter of last year, actually decreased spending.
And George Orwell sings: doo da do da do da do…
The Media's Top Five Rules:
1. No matter which way the unemployment rate goes, Obama is The Sun King.
2. No matter which way the GDP goes, Obama is The Sun King.
3. Obama can do nothing wrong, Republicans can do nothing right.
4. Squirrels are always bigger news than bad news for Obama.
5. Shut up, racist.
Poverty's up, middle class incomes are down, one-in-five are on food stamps, the GAO says the deficit is "unsustainable," and the only reason the unemployment rate isn't closer to 11% is because the labor force has shrunk to thirty-year lows since Obama took office.
According to the media, though, if you look around, all you'll see is the clover we are all sitting in.