Miro Satan Fan
08-02-2005, 10:53 AM
This from a recent Gallup poll: (http://www.gallup.com/poll/content/login.aspx?ci=17602)
Americans as a whole are gloomy about economic conditions, but minorities appear to be particularly dejected. Gallup’s annual Minority Relations poll reveals a continuing gulf in views of current economic conditions, as well as the specific economic problems facing the nation.
I don’t have a full-access pass to Gallup’s articles, which is too bad as I’d like to read the rest of this article. Our gross domestic product has grown for nine straight quarters. That’s over two years. Our unemployment rate is currently at 5% and averaged out at just 5.5% for all of 2004. That’s a level a lot of economists consider “full employment,” mostly because unemployment rates don’t get much lower.
If people are feeling “bearish” in this economy I’d hate to learn how they’d feel in a truly bad economy.
I wonder how many of the people polled based their opinions not on actual facts about the economy but on Democrat claims of a “bad economy” perpetuated by the media? Which isn’t to suggest that Democrats and the media elite are colluding to make things seem worse than they are under President Bush (though in certain instances that’s probably true) but rather that the media is always interested in scaring the public with ominous stories (its the best way to get ratings) and the Democrats are all to willing to provide the trumped-up “facts” and over-the-top rhetoric to back that up.
Americans as a whole are gloomy about economic conditions, but minorities appear to be particularly dejected. Gallup’s annual Minority Relations poll reveals a continuing gulf in views of current economic conditions, as well as the specific economic problems facing the nation.
I don’t have a full-access pass to Gallup’s articles, which is too bad as I’d like to read the rest of this article. Our gross domestic product has grown for nine straight quarters. That’s over two years. Our unemployment rate is currently at 5% and averaged out at just 5.5% for all of 2004. That’s a level a lot of economists consider “full employment,” mostly because unemployment rates don’t get much lower.
If people are feeling “bearish” in this economy I’d hate to learn how they’d feel in a truly bad economy.
I wonder how many of the people polled based their opinions not on actual facts about the economy but on Democrat claims of a “bad economy” perpetuated by the media? Which isn’t to suggest that Democrats and the media elite are colluding to make things seem worse than they are under President Bush (though in certain instances that’s probably true) but rather that the media is always interested in scaring the public with ominous stories (its the best way to get ratings) and the Democrats are all to willing to provide the trumped-up “facts” and over-the-top rhetoric to back that up.