Apropos of Nothing

October 16, 2007

Deficit falls…. again, lowest level in 5 years

Filed under: Politics — aproposofnothing @ 8:07 am

Of course you won’t see this in the MSM, not this decade anyway. In the 90’s, every bit of positive economic news was shouted from the rooftops. Wonder why, oh well, guess I’m not smart enough to figure that one out. heh

Ace over at Ace of Spades HQ has a nice post on this here… He points out a nice rundown at BizzyBlog with charts and stuff.

The U.S. budget deficit fell to the lowest level in five years last week, but three of America’s leading newspapers — the New York Times, Washington Post and Los Angeles Times — couldn’t find the space to mention the dramatic drop.

Journalists who have spent years trashing President Bush’s tax cuts appeared to suddenly lose interest when the budget picture brightened. That’s not surprising, however, considering that mainstream reporters frequently ignore upbeat economic news.

Read the rest here…

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