Oops… NY Times Admits That Obama’s Economic Policies Have Failed – Then Quickly Scrubs the Line
Posted by Jim Hoft on Wednesday, April 13, 2011, 5:05 AM
The New York Times released a rare and honest appraisal of of Barack Obama’s failed economic policies yesterday.
Economix Blog reported:
At a time when the economy should be rebounding the latest GDP number for the first quarter of 2010 shows that the Obama economic policies have failed.
When 2011 began, Macroeconomic Advisers, a forecasting company, expected that America’s economic output would shape up to rise at a 4.1 percent annual rate in the first quarter, the highest pace in over a year.
But economic reports coming in over the last few months have been increasingly disappointing.
But, that wasn’t posted long.
The water carriers for the Obama regime quickly scrubbed that “Obama failed” line from their article.
Here’s the latest update:
They erased the whole first paragraph and replaced it with, “And the year started out so very hopeful.”
How that ever slipped by the editors in the first place, we will never know.
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Published February 22, 2012 at 4:19 pm - 32 Comments
Marsh626 commented:
How on Earth does anyone think this country can grow its economy when 50% of the people in this country don’t even pay taxes and when we have 50% school dropout rates in many parts of the country? With our open borders and 3rd worlders first immigration policies, the Left’s demonization of the American Patriots who comprise the tax paying, self-sufficient Tea Party movement, the leftist “Tax the Rich!” movement (aka persecute the smart, productive, job creating members of our society), this country is doomed to socialist decay.
NeoKong commented:
I wouldn’t doubt for a second that the White House could pick up the telephone and make a change in the NYT’s.
That paper would follow him over a cliff.
Bradley S. Rees commented:
Is it safe to say that the willful water carriers are now the official White House White-Out Regiment, too? Way to turn that corner, scribes!
Brooks commented:
When they protect Obama they are protecting themselves…
The Fourth Estate sold the nation Obama and the people are on to them…
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RedBeard commented:
Brooks just hit a home run. The leftie media own this failed presidency. They can’t find any exit strategy, so they must continue to lie, in hopes that most Americans are boneheaded idiots and will continue to consume the pablum. Sadly, this is still working for them, although not as well as in the past.
BurmaShave commented:
We started with HOPE, but that CHANGED.
Ruebacca commented:
ohh wow man! Marxism and central planning has failed again.
Mats commented:
NYT = Government run “newspaper”.
Granny commented:
If nothing else, this should illustrate the point that when you run across something mind-boggling of this nature, you should take a screenshot.
If you’re running Firefox you can install Screengrab! for free.
Taqiyyotomist commented:
OT
I don’t get it. A little more than a week ago, TPC’s list of the top 100 conservative blogs had Gateway Pundit at #25.
http://politicsandfinance.blogspot.com/2011/04/dbkp-conservative-top-100-close-but-no.html
Now it’s not even on the list at all. What gives with this Alexa ranking thing?
Taqiyyotomist commented:
From April 5:
http://politicsandfinance.blogspot.com/2011/04/list-of-top-150-conservative-blogs-and.html
Gateway at #25.
Today? Not on the list at all. This is statistically impossible. The Dixie Chicks didn’t drop in popularity this fast after saying they were ashamed to be from TX. Something is amiss.
Granny commented:
#10 – Taq
Alexa rankings are rigged you know – always have been. They really are not a reflection of how many people use this site, just how many Alexa users use the site. And Alexa is very, very old hat. Statistics really has nothing to do with Alexa. In fact, a good number of websites ban Alexa.
I suspect that perhaps the previous “high” rankings came from lots of hits from people who are no longer around – perhaps the friendly neighborhood trolls who have disappeared.
Van Halen commented:
JournOList FAIL.
NYT FAIL.
Obama FAIL.
Liberalism FAIL.
FreakyBoy commented:
The White House simply telephoned and reminded the NYT that calling anything Obama related a “failure” is racist.
Just Chillin commented:
It doesn’t take a rocket scientist to figure out, government jobs, government regulations, government interventions and idiots in DC can not and will not create jobs. We are just wasting our resources on these idiots that we elected. Trillions of dollars, where did it go? Wasteful government spending and liberals has not figure it out yet?
Dean_L commented:
More liberal spin to follow – the article goes on to mention this:
“Today, after an especially weak report on February’s trade deficit, the group’s economists lowered their first quarter G.D.P. estimate to a sorry 1.5 percent annualized. If borne out, that rate would be slower than each of the last two quarters, at a time when the economy desperately needs to be rocketing forward so that companies will hasten their hiring.”
Notice ‘especially weak’ and ‘sorry’? How long until that’s blamed on the new Republican Congress and voters’ sudden concern for the economic situation because of the Republican victory?
templar knight commented:
But Sarah Palin is dumb. She can see Russia. And global warming. And besides the rich pay no taxes. And stuff.
tarpon commented:
Always wait for the revisions … GDP on the second revision was down to 1.5% growth, basically treading water, with one more revision to go. The third one is where the economists at the stats department are forced to tell the truth, unless Obama tells them to continue to lie.
commonman commented:
Canda Free Press has a post about about a well known talk radio host that was threaten by
by Obama’s thugs if he talk about Obama’s birth records are his college records, I don’t doubt this at all , read it for your self.
John Cooper commented:
Why does it not surprise me that the “journalists” at the NYT don’t know the difference between an adjective an an adverb?
NC Cop commented:
What liberal bias?!?!?
RickZ commented:
# 19 commonman,
Link?
RedBeard commented:
#20: They’ve been watching “Johnny Dangerously” too much.
juandos commented:
Well now this is hardly a suprise considering how heavily invested the New York Times was and still is in this idiot they helped put into the Oval Office…
We know of course just how thoroughly FLAWED the paper of record is though…
lyle commented:
#20
That line got me, too.
“And the year started out so very hopeful.”
Young people will be surprised to hear that the New York Times was once a respected newspaper staffed by professional writers.
Radegunda commented:
#20, the adjective is acceptable with certain verbs. For instance, you would say “I started the last game tired” (i.e. “in a tired state”) rather than “I started the last game tiredly.” In the NYT sentence, “the year” was not doing something “hopefully”; rather, a “hopeful” frame of mind prevailed when “the year started.”
mcc commented:
Wonder how long before it was changed…Cuz I’d like to see an ad about it that goes something like this:
“For Twenty Six Minutes the New York Times Told the Truth”
Stuart commented:
“And the year started out so very hopeful.” Ha! So did my last Johnny Walker binge.
jimg commented:
Fourth Estate = fifth column
It’s really that simple.
pagar commented:
“For Twenty Six Minutes the New York Times Told the Truth”
I believe the NYTs would close down if they had to tell the truth.
If they can’t just read the leftist propaganda press releases, they would rather the public know nothing..
Questionman commented:
#1 Obama and the democrat congress reduced the deficit by 8.6% in fiscal year 2010 from 1.4 to 1.3 trillion.
Source: Congressional Budget Office (search for “cbo doc11936″ for proof)
#2 Republicans won the house in Nov 2010 and forced their tax cuts for billionaires on America..now the deficit is projected to rise from 1.3 to 1.5 trillion in FY 2011. (Source: cbo doc12039)
#8 Obama has actually only had 500 billion in “new” spending programs.
Our debt increased by 3.4 trillion in Obama’s first 2 years. Bush’s runaway 1.3 trillion deficit added 2.6 trillion and Obama added 787 billion from the jobs stimulus package. Of the 787 billion, one-third of that was tax cuts so Obama actually only had 500 billion in “new” spending.
You can’t name a single bill obama has signed that has ALREADY added “new” spending to our debt or deficit.
#4 Both our record deficits were from republican presidents.
Bush left a record deficit of 1.3 trillion the day he left office. (search for “cbo doc9958″ for proof)
Before 2009, Reagan held the record for the largest deficit since WW2 at 6.1% of GDP in fiscal year 1983) (Source: cbo 5056)
either the NY Times “spoke the truth” or they obvious fell for your lies!
Chisum commented:
This is the 2009 budget Bush proposed. The dem Congress withheld it from him in anticipation of the swearing in of BO.
But even in the unlikely event that he were to get his way, the budget deficit would jump sharply, from $163 billion in 2007 to about $400 billion in 2008 and 2009 — partly the result of the new economic stimulus plan. Such deficits would rival the record deficit of $412 billion of 2004, though administration allies argue that shortfalls of that size now represent a smaller share of the overall economy and are thus more manageable.
http://www.washingtonpost.com/wp-dyn/content/article/2008/02/02/AR2008020202042.html
This is the budget Obama signed because the dem Congress held it back until BO was sworn in.
http://www.msnbc.msn.com/id/29632177/
Facts, Questionman, facts.
Like these:
Has anyone governed as unabashedly left as Obama? No; it’s unprecedented.
Has the US ever posted a staggering trillion and half yearly deficit? No, not even close. It’s unprecedented.
Has the US ever voted for a half-black man as President, partly not out of genuine support but just out of racial good-will, and thus, having not truly voted for Obama based on his capabilities or policies, might have a particularly high level of buyer’s remorse? No, that’s obviously never happened before; it’s unprecedented.
Has any candidate ever promised a supernatural agenda which included, literally, causing the waters of the earth to fall before him? No, no one’s ever done that, at least not since Babylon circa 1500 BC.
Has the US suffered a three year deep recession bordering on a depression since the thirties? No, it’s unprecedented.
Has the government of the US ever acted as a hostile occupying force and imposed a massively unpopular law on the nation despite the strong majority hostility to it? No, it’s unprecedented.
If current models and current conventional wisdom is based upon a series of default assumptions which are actually now untrue, then the old models and old conventional wisdom fails to give us any guide.
The rules haven’t applied to Obama all his life. Fortunately, going forward, the general rules of predicting future events also don’t apply to him.
http://pajamasmedia.com/eddriscoll/2011/04/19/be-cheerful-2012-will-not-be-a-rerun-of-2008/