SEVEN POINT TWO PERCENT OMG!!!!!

One of two things may be derived from the media reaction to the Quarter 3 economic figures:




1. Drudge gets bored when he can't splatter the headlines with BIG NEWS™.




2. The Republican media (Fox, NRO) is as determined to render Bush an economic leader as the Democratic media (NYT, NPR) is determined to render him an economic bandit. Given the current political climate, can't say I blame them.




As to the substance of the news, that the economy grew substantially in the Third Quarter, one may say: of course the economy is recovering. It always does. Duh. Whether this turns out to be a genuine boom remains to be seen, but I don't see the economy shrinking any time soon.