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A year ago, when the government reported second quarter Gross Domestic Product (GDP) doubled from the first quarter to 1.9 percent, the CBS Evening News centered a story around what Katie Couric described as “disappointing” news while ABC and NBC didn't utter a syllable about the GDP jump...
But Friday night, with a different President in office, Couric crowed a one percent decline in the 2009 second quarter GDP -- the first time since tracking began in 1947 that the economy has contracted for four straight quarters -- means the “glimmer of hope just got a whole lot brighter” . ABC anchor Elizabeth Vargas saw “new optimism about an economic recovery” and declared of the new negative number: “That's actually good” ... [snip]
George Stephanopoulos shared the White House's joy, the gullible ex-Democratic operative maintained “they can point to these numbers today and say, look, there is real evidence right now that the stimulus package that we pushed for so hard is working. They cited economists who said it made a three percent difference in these numbers.”
[despite only 2% of the stimulus being spent so far???
A: they think we're stupid.]
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