Yesterday Michael Barone posted an article at the Washington Examiner about the use of the word 'unexpected' in the economic reports issued during the Obama administration. The article gives five examples of bad economic news coupled with the word 'unexpectedly' just during the past two weeks.
The article asks:
"Which raises some questions. As Instapundit reader Gordon Stewart, quoted by Reynolds on May 17, put it, "How many times in a row can something happen unexpectedly before the experts start to, you know, expect it? At some point, shouldn't they be required to state the foundation for their expectations?""
Good point. All this unexpectedness (I think I made that word up, but I'll bet you know what it means!) could be the result of the expectation that the increased government spending policies of this President and the previous Congress would end the recession quickly. Obviously, that has not been the case. If you look at the political demographics of the mainstream media, you will see that generallly they want President Obama re-elected. Unless we see the unemployment number decrease and the economic growth increase, that will be an uphill climb. Therefore, if the media wants a second term for President Obama, it is to their advantage to convince us that negative economic news is unexpected and that we will see positive economic news in the very near future.
Meanwhile, I am hoping for an unexpected victory for the Republican presidential candidate in 2012.
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