Ronnie Agnew: 6.5 = 25
Here is a recent statement made by Ronnie Agnew, Executive Editor of the Clarion-Ledger and recent award-winning journalist:
"Barack Obama does not deserve the pressure that is about to be thrust on him. But he asked for it, and now it is his to fix. We're a nation fighting two wars, facing hostility around the world, an economy that rivals the Great Depression, consumer confidence that is at record-low levels and an even lower view of Congress..."
Doesn't deserve it? Barack's a big boy. He DID run for the job. Assuming he took his job as Senator seriously, he knew what he was getting into when he decided to run for office. Did you see such sympathy for Reagan or Clinton when they ran for office in tough economic times? But poor little Barack. We don't want things too tough for the black guy. Its not fair. He doesn't deserve it.
However, that statement is not my favorite line in his column. This is: "an economy that rivals the Great Depression". 2+2=5 in Clarion-Ledger economics. So an economy with an unemployment rate around 6.5%, inflation under 4%, and GDP decline of around .3% last quarter (and 2.8% growth in 2nd quarter) is the equivalent of the Great Depression which had an unemployment rate of 25%? Its no wonder their editorials are so often off-base or wrong on facts when they don't even know basic history or economic literacy at the "state newspaper".





3 comments:
Typical drivel.....the "opinion" in the Ledger is not worth your time.
Hey, we're talking about a newspaper that gives away its best product for free, charges a high price for the inferior one, then wonders why it is losing money.
Almost like MS charging 250 for Office 1997 and giving away 2007.
It was either going to be Obama or Hillary. Washington needed a different face to divert our attention from the big mess that we are in. Obama will not fix anything. Why do you think he is talking to Hillary and McCain this week? He is such a nice talker. He almost got my vote until the democrats started showing their true bigoted colors. Worse than any republican I have seen in my lifetime.~~~~Luckily, God has blessed me with a nice roomate (no mortgage paynent), an old Ford (no car payment), and three part time jobs (able to save money). I don't have a lot, but at least I am not losing everything.
YES WE CAN!!!
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