Quote of Day: Ace on the Economy
Wish I would have thought of this way of describing the pervasive impact of business reporting bias by the WORMs (Worn-Out Reactionary Media, known to the most as the Mainstream Media; HT S.O.B. Alliance member Return of the Conservatives):
The Republican Tax: I’ve said this before, but I think we’ve got to accept we will always, as a country, have to pay a “tax” on having a Republican president in office, because the media, through relentlessly negative coverage of Republcian economies, will sabotage consumer confidence and thus reduce the actual strength of the economy (not just the perception thereof) a fraction of a percent or so.
I like the quote, except the “always” part, which I think is changing, ever-so-slowly but surely.
Background: May 2, 2005 — Kudlow Doesn’t Understand Biased MSM Business Reporting (So I Will Explain)
