One last thing the article quotes an expert from "left-leaning" Institute for Policy Studies. Left-leaning? Is NYT going to start referring to the KKK as a fraternal organization?
Saturday, July 17, 2010
NYT: Economy Sucks. Blame the Rich!
Not only don't we tax them enough but those darned rich folk aren't spending enough to get us out of the recession. NYT has an article saying the rich are not spending enough to get us out of recession. What is interesting is how this parallels other articles noting how businesses and banks are holding onto cash. The narrative in those pieces is that uncertainty over Obama policies and increased regulation are scaring away investment. The narrative in the NYT piece is....well I have no idea. They manage not to mention anything or anyone even remotely tied to the Obama Admin. I mean, they do not even ask anyone in the government why the rich are not spending money. It is almost as if they are afraid that readers would make some sort of association and blame Obama anyway so they won't mention him in hopes that we might not blame him somehow for all this.
