The media are devoting lavish coverage to homelessness, that’s why.
And, somehow, less to this sort of thing.
Look – not only is a recession going to happen one of these days, a recession [1] is a necessary part of the business cycle. But the contortions Big Left and Big Media [2] are going through to downplay the currently good economic news are downright unseemly.
[1] In a normal, healthy economy with sound fundamentals, of course. Which we have. Of course, that’s true only if the recession kills of bad ideas and unsound enterprises, and frees up labor and capital for good ideas and sound investments – which the Fed hasn’t really allowed a recession to do since 1993.
[2] Pardon, as always, the redundancy.
Leave a Reply
You must be logged in to post a comment.