Financial Media (CNBC/MSNBC/CNN) con job on economy beginning now

This evenings Matthews show on preparing for the new prosperity that Bush has brought us is keying off of the 3rd/4th qtr GNP growth being north of 4% if the predictions are correct

Of course, GNP growth will then die back to 3% to 3.5% level - but Bush is throwing the Gov accounts changes into this 4th qtr period so as to have talking points for first qtr 2004.

The theory is that an impression is made in 1st qtr as to the status of the 2004 economy (Dem primary speeches will get some ink so GOP and media plan to offset with turnaround talk and downplaying of deficit as only a low percentage of total economy - media seems on board the plan already) - and regardless of reality, the GOP believe their controlled media can keep that impression going through the vote in Nov. 2004

Only problem will be job growth - but we are likely into small - meaning 50,000 to 125,000 - jobs growth - with the occassional 200,000 month - for the next 12 months - and the GOP hopes to sell that as an offset to 2.8 million jobs lost since Bush elected - indeed the goal is under 2 million jobs lost by June. The media will do the rest of the sales job.

Between CNBC/MSNBC's fake "prosperity", and poor Aaron Brown being forced to air tonights fake "peace in Iraq/they love us/progress is being made/ and progress in Iraq means progress against terrorists" MD comes home from Iraq piece, we appear to be in for a Joseph Goebbels' level US Media "get Bush votes/better poll ratings" attack.

some recovery...

Merck is laying off 4000+ but Wal-Mart is hiring.

Maybe it's best Chimpy wins so he's stuck with his own mess instead of leaving it to a Dem (who will be blamed for it).

0, zilch, nada. Haven't you heard of all the mass layoffs recently?

Growth will expand this quarter. Big deal. One positive quarter out of 16 on Chimpy's watch.

But you're right. The media will talk it up. Because the GOP want them too.

as Wall Street looks to increse profits by shipping our jobs overseas! The growth in the economy will benifit the wealthy!