Observations on the world today.

Wednesday, December 21, 2005

Most Misleading Headline Ever 

Well, okay, maybe not ever.

Economy Grows at Fastest Pace in 1 1/2 Years

Wow, that sounds great, doesn't it? Well, not so much.

Here, see for yourself. This is a graph charting the GDP over almost two decades. It is true that this is the highest quarterly report under Bush in a year and a half, but it is not Bush's highest report ever. That was back in 2003, and it was a one time anomaly. Now, I will credit the Bush economy with recently maintaining a fairly consistent steady growth rate, but that doesn't excuse the hyperbolic headline. And the curent rate of growth is not exactly stellar when compared with the rate Clinton managed to sustain from mid-1996 until he left office in early 2001.
What part of "Economy Grows at Fastest Pace in 1 1/2 Years" confuses you? Perhaps we can help.
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