If the economy were as horrible as Oliver and Frame claim it is, home ownership would not go up. Oh, unless of course it’s nothing but us rich Republicans buying more of our mansions.

WRT unemployment and GDP, Jay Caruso holds one quarter s number aloft as if this is some great feat.

I cited one quarter. But it’s been part of a long term trend dipshit.

Jay C: yet people clearly do not have the confidence in this income-disparity fueling economy as they did in Clinton s economy where the rich got richer but so did the middle class. And we didn t have a decreasing deficit, we had a surplus.

Oliver, people are tying high gas prices to “the economy” and as such, it reflects in the poll numbers. But it hasn’t stopped people from driving their cars. The vacation season this summer is one of the busiest on record. If the economy was doing so poorly, people wouldn’t be doing what they are doing.

The economy is doing good. Deal with already. I realize that the left is happier when things are bad, but you’ll have to live a good economy.

The home ownership factoid is essentially meaningless since ‘more people have own homes’ is something that’s been true for every year since the end of WWII.

WRT unemployment and GDP, Jay Caruso holds one quarter’s number aloft as if this is some great feat.

I’m sure if the bank passed the losses onto the depositors in the form of higher fees or reduced interest, that would help the economy, right, frame?

The media love Valerie Plame Wilson.

This was a TPM affiliate (someone who’s pre-disposed to be looking for right-wing bias). And here they are saying that VPW and JW were literally basking in the adoring glow of fawning coverage.

He had that War Room going 24/7, 365 for 8 years…

Per a six-month analysis of U.S. foreclosure data, new foreclosures rose from 23,982 in January to 26,972 in March, and have remained at a high level, ending the first half of the year with 27,064 new foreclosures in May and 26,802 in June.

Active foreclosure inventory levels have been declining during the same time span, with available inventory dropping from 95,073 in January to 89,352 in June. Despite higher new foreclosure rates in the first half of 2006 compared to last year, high demand for foreclosed homes has kept inventory in check.

Real Estate experts say a “major market correction” has contributed to a nationwide increase of almost 20 percent in active foreclosures.”

http://www.chattanoogan.com/articles/article_89017.asp

http://www.washingtonpost.com/wp-dyn/content/article/2006/06/02/AR2006060200121.html

Lower budget deficit?

http://www.chron.com/disp/story.mpl/editorial/4045907.html

You think it’s great now? Wait until future generations have to pay for Bush’s spending spree.

Under President Clinton, the media went out of their way to triumphantly proclaim “The Clinton Miracle”. Now, with similar results, the MSM says …. nothing. We wouldn’t have to do the MSM’s job if they would.

Jay C: yet people clearly do not have the confidence in this income-disparity fueling economy as they did in Clinton’s economy where the rich got richer but so did the middle class. And we didn’t have a decreasing deficit, we had a surplus.

Unemployment is at 4.6 percent. GDP grew at a rate of 5.6 percent for the first quarter of this year. Hourly compensation is up. Productivity is up. More people own homes now than ever before (I close on my first home next month!). Consumer spending continues to increase. We have a decreasing budget deficit, and lower tax rates.

But of course, only the super-rich can tell.