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Lying Is Job One


MDM4AU

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Lying Is Job One

If Krugman & Co. ever told the truth, they’d be finished.

Why does Paul Krugman lie about the economy? For the same reason that many liberal politicians do: If they told the truth, they’d never be elected into office. But when they lie, their chances of victory are greatly improved.

Here’s the truth about what has happened to the American economy over the last year:

Since the stock market bottom one year ago last Friday, the S&P 500 has grown $2.96 trillion in market value. Corporate earnings are now at an all-time record high. Gross domestic product has grown somewhere between 5 and 6 percent. Household wealth is at an all-time record high. Interest rates are the lowest in modern history. Inflation measured by the Consumer Price Index is non-existent. Jobs have grown between 122,000 (according to the Department of Labor's “establishment survey”) and 983,000 (according to the “household survey”), and the unemployment rate has fallen from 5.9 to 5.6 percent.

These impressive economic statistics are largely the result of growth policies enacted by the Bush administration.

The liberal response? Ignore all this good news and invent a jobs crisis. Convince Americans that they shouldn’t be fooled by the fact they have jobs. Say that the jobs they have are just temporary illusions. Let Americans know that at any moment their jobs will be “outsourced” to India.

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