Don’t you love the way the NYT reports all bad economic news under Obama? Somehow everything is oddly turned into good news.
The “most painful downturn since the Great Depression has yet to release its hold”–what did you expect buddy?–and yet it is not so bad since “the figures for June did show signs that the pace of job losses is continuing to slow.” Further, “Some economists contend that a recovery is indeed in its early stages, cautioning that the job market tends to lag behind progress in other areas.”
Don’t you know that it is a point of hard-core, irrefutable doctrine that the stimulus works, so it is just a matter of finding and then counting the ways, since it is also doctrine that there is no way the stimulus could be exacerbating problems? If you don’t see it, you just haven’t looked hard enough.
