The media is doing their best to prop up the Obama Regime. Despite all indicators pointing to an anemic economy, a writer by the name Zachary A. Goldfarb claims there are signs the economy is booming! He cites some flawed data to prove his point and ignores other data that suggests otherwise.
After a spring and summer of weak economic indicators, a flurry of fresh data suggest key sectors of the economy might be gaining traction, just as the battle for the White House enters the final round.
The long-moribund housing market has bustled to life, with prices and new-home construction rising in recent weeks. Hiring, so weak earlier this year, picked up last month. And on Thursday, the government reported an acceleration of a downward trend in the number of people seeking unemployment insurance, as well as a sharp improvement in U.S. exports.
Together, the signs point to an improving economy, a potentially important shift for President Obama’s re-election campaign.
“The better the economy between now and November, the better it is for Democrats and Obama,” said Ray C. Fair, a Yale University professor who studies the relationship between economics and electoral outcomes.
Even if the economy were now beginning to boom, it could be happening too late for the president.
Economy beginning to boom? These people really love the American Domitian and will create a false illusion of good times to sucker low informed voters. The sad part is, that this might work. Obama’s economic performance needs to be hammered without mercy.