Let’s be clear where the BBC stands. Obama has done a great job, he has healed some of the wounds created by the evil Bush, oh, and he’s saved the US from another great depression. The rest is detail, or so the BBC would have us believe. Naturally, the reverse is true and so the BBC has to spin even harder to sustain the Obama-delusion. Take THIS report from Stephanie “Two Eds” Flanders. The shock horror news is that “some” parts of the US economy are “slowing down” rather than “moving towards a quicker recovery”. The good news is that “recoveries are never linear, you get setbacks”. Stephanie pretends the US economy has moved out of recession (it hasn’t) but is now going through a soft patch. In this way she seeks to obscure the central fact that Obama has done more than anyone to delay the recovery through his massive injections of QE and the truth is that his “stimulus” hasn’t stimulated anything.
WAVING, NOT DROWNING?
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