Best Economy Ever?

Powerline asserts that the current Bush economy may be the "Best Economy Ever". Is it? I don't have the time to go do research, but I can bet that the MSM won't be giving us any information on it if it was doing well, and they certainly seem to be avoiding that. Lots of job growth over a long period, lots of income growth and the stock market back at record highs.

In August as the sub-prime mortgage meltdown impacted the market and the Fed took actions though, the media had quite a lot to say. I notice that they never went back into the origins of the sub-prime mortgage market-a short perusal of the web looks like it showed up as a major option in the late '90s. I wonder who was President then? No doubt the whole deal was a very good idea, just "poorly executed" by the incompetent Bush.

I love how adding liquidity to the FEDERAL RESERVE system, which is "government banking" (something that one would think that liberals would LOVE) is viewed as "helping the wealthy". Avoiding a recession is pretty helpful to most everyone, and it appears that we have avoided it for at least the moment. No cause for celebration in the MSM though-keeping Clinton in was critical to the late '90s economy, even though it crashed in March of 2000, with him still in the White House. In those days though, the loss of $6 Trillion of internet bubble bursting stock market capitalization and all the econimic indicators sinking like rocks was no news story at all. In those days, only good economic news was worth printing.

I suppose if one is a liberal, it is difficult to figure out what changed.