Preconceptions

Good, if brief, editorial there at the New York Times today, on the continuing economic problems. Although some would like us to believe that the economy is in recovery, the truth is that the employment numbers don't lend themselves to that conclusion. The editorial runs throught this and talks about how each party's desire to mold the economic news into their narrative works.

"Because the White House's view of the economy is driven by a political narrative, little effort is made to grapple with some of the thorny questions posed by the slow job growth. Has technology-driven productivity growth and outsourcing placed a new speed limit on the rate of job creation? Can the government raise this speed limit?

The Democrats are enamored of their own narrative of corporate robber barons' conspiring with low-paid overseas workers to destroy the American middle class. So the Democratic candidates also fail to engage the complex reality and are too quick to resort to protectionist demagoguery."

Well, yes, but i do think the author of this one underestimates the corporate bias against the American Worker.