TIME Mag's Karen Tumulty plays the ditz when snarking Phil Gramm
By Mark Kilmer Posted in 2008 | Gramm | mental recession | Tumulty — Comments (4) / Email this page » / Leave a comment »
McCain economic advisor Phil Gramm says:
"You've heard of mental depression; this is a mental recession," he said, noting that growth has held up at about 1 percent despite all the publicity over losing jobs to India, China, illegal immigration, housing and credit problems and record oil prices. "We may have a recession; we haven't had one yet."
TIME Mag reporter Karen Tumulty snarks:
Okay, the guy is a trained economist, and someone who is said to have his eye on the Treasury Secretary's job if John McCain is elected. Is this some kind of fancy, sophisticated technical term?
It is a play on words, Karen. A mental depression is a medical condition, while a "mental recession" is one in which the term "recession" is repeated often enough by the press that the people who listen to them start to believe that we are in one when we are not.
The rest of Tumulty's post, if you want to give it a gander, is standard left wing chastisement of Gramm for pointing out that things are going pretty well in America. To people like her, this is today's blasphemy: going against the KNOWN FACTS which EVERYBODY WHO'S ANYBODY KNOWS.
No straying from the message, and do not let facts cloud your judgment.
for saying something that is essentially correct.
Extreme taxation, excessive controls, oppressive government competition with business … frustrated minorities and forgotten Americans are not the products of free enterprise.Ronald Reagan
I like it.
McCain for POTUS so the left can't ruin SCOTUS.