From: n3884@cray.com (Pete Palmer)
Subject: Re: Macroeconomics 101
Reply-To: n3884@cray.com
Organization: Cray Research, Inc.
Date: 22 Dec 92 14:46:15 CST

In article 725050365@aer.com, geturner@aer.com. (George Turner) writes:
>nbh@netcom.com (N.B. Hedd) writes:
>
>>The Republicans are saying "I told you so" about the recent
>>uptick in the economy. They STILL don't get it: the reason
>>the economy is getting better is because they've been driven
>>from office, and their loss is everyone else's gain.
>
>This is a ridiculous argument. The economy has shown positive signs
>of growth for the last four quarters.  

True, and worse yet, the stats reported by the government describe activities
at least a quarter old.
>Now that the election is over,
>the press can finally report some positive facts. 

Don`t count on it.  This will all end when Bush leaves town.

>These reports just show
>how biased and slanted the press coverage is in the United States.
>When the press becomes a cheerleader the nation suffers.  The press 
>has a responsibility to present the facts, not create them.

It is my opinion that the press is not concerned about being left, right, center,
communist, or facist.  They have replaced "the responsibilty to present the facts"
with "the responsibility of being the political opposition."  During this recent
election, one of the TV commentators said that the press had reduced its role to
asking only one question:"Excuse me Sir, but aren't you a hypocrite?"  The press
is lazy and can't handle detail (see BCCI scandal and S & L mess -- incredibly
scarce and superficial coverage considering the enormous damage that was caused).
'Forget facts, give me good video!' seems to be their battle cry.

>I think Bill Clinton was elected mostly because the press created such
>a negative view of George Bush. Every problem in the United States has
>been blamed on the Republicans.  

Jimmy Carter was raked over the coals far worse than Bush or Reagan.  In fact,
throughout the `80's the press headlined every nightly newscast with the
staged-event-of-day the from the GOP administration.  There has never been more
sickening examples of "cheerleading" than the press behavior in Kuwait, Panama,
and Grenada. The military had the brains to keep the "opposition" at a distance.
An extreme example is Barbara Walter's panting over Stormin' Norman, or the
obsession over the Smart bombs.  It would have been a far different story if 
the press got a hold of video of the U.S. forces
shooting Iraqi soldiers on the desert floor.
I'm certain Carter regrets that he hadn't kept the press at bay during
the Iran affair. 

>I think George Bush has done a great
>job managing the US economy during a world wide recession.  He has done
>all the right things, he has opened our borders and not created barriers
>to trade.

It wouldn't matter if he presided over the greatest economic growth period
in history.  The press would, by definition, gripe about it one way or
another -- just as they most certainly will when Clinton takes office.
---

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