Sunday, October 16, 2005

Quiet Please

It appears that there are a couple of pieces of good news well buried in the MSM. First the most secret, the deficit dropped $93 Billion in one year, a reduction of 23% with no increase in taxes and complete lack of control on the spending side. If anyone could see their way clear to reduce THE RATE OF GROWTH in spending to something like the inflation rate we would be back to surpluses in no time … or at least just prior to 2008 when Social Security can no longer fund itself from the payroll tax.

An article off CNN will be available for awhile at http://www.cnn.com/2005/POLITICS/10/14/federaldeficit.ap/

The article even included the following now little reported fact: “The White House and most economists say the truest measure of the deficit is relative to the size of the economy. In those terms, the deficit measured 2.6 percent of gross domestic product. The 2004 deficit, by contrast, equaled 3.6 percent of GDP. That is well below the post-World War II worst-ever record, a 6 percent figure set in 1983 under President Reagan.”

I love that paragraph. First of all “The White House and …”. Why wouldn’t one simply say that economists, mathematicians, news people without bias, and in fact anyone that understands numbers in any way realizes that numbers must be compared in a context? Absolute dollar figures unadjusted for inflation are very misleading. Quoting deficits as anything OTHER than either a percentage of GDP or adjusting for inflation is more a statement of political bias than it is an attempt to convey information. Well, even though that is true, I guess the MSM couldn’t very well state it could they? It is also interesting how they combine “post-WWII” and “worst-ever”. Wouldn’t “post-WWII” pretty much cover it? “Worst-ever” would seem to make one think of something else. Why wouldn’t one say something like “The worst figure since FDR’s record deficits was in 1983 during the Reagan administration? Oh, that’s right, FDR was a Democrat, those are the good guys.

If there were an unbiased media it might be useful for people in a democracy to know that a growing economy has reduced the deficit 23% in one year and that the current deficit numbers are well off historical highs. People might be able to make rational choices with information like that, but a headline of “Deficit Drops Below Last Years Record” with an immediate promise it will rise again next year and they bury the story should be good enough to make sure nobody much gets the news.

The second piece is the VERY quiet voting on the constitution in Iraq. Apparently the MSM realized that they were too shocked the last time around and actually reported the story for a couple of days, so this time they are gong to be even more silent in hopes that the good news will be unnoticed, hopelessness on Iraq will be maintained, and the Bush poll numbers can continue to suffer.

It appears that turnout was larger than in January. In January there were 347 violent attacks during the election, this time there were 13. Sunnis turned out in significant numbers and two heavily Sunni provinces voted against the Constitution as expected, but unexpectedly, two Sunni provinces appear to have voted in favor. To anyone but a Terrorist or liberal these would be very positive signs that would deserve strong reporting at a minimum. Determining what side the MSM isn’t very hard to do.

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