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Quotational Therapy: Part 87 -- When Good News Equals Disaster.

Why People Are Down On The Economy-

Anchor Elizabeth Vargas: "In Washington, the Labor Department reported that the U.S. economy added 470,000 new jobs last month. The Bush administration was quick to claim this was good news, but is it really? We turn now to ABC’s Betsy Stark for some perspective."

Reporter Betsy Stark: "Elizabeth, this may sound like good news, but investors are terribly nervous. More jobs mean fewer people in the unemployment line, and that means unemployment offices will lay off workers. More people with money in their pockets could drive up inflation, and oil prices could soar. And more new homebuyers could mean a further expansion of this huge housing bubble, indicating a possible crash ahead. That could leave a lot of families out on the street, Elizabeth."

— ABC’s World News Tonight, April 1.

Source: Media Research Center.

Ridiculous. And very enlightening. I don't watch network news, so this sort of thing does explain quite a bit of the weird poll numbers on the economy.


Previous Quotational Therapy Session:

Abe Lincoln, On Public Opinion.

The right quote can be therapeutic, so tune in to WILLisms.com for quotational therapy on Monday and Friday.

April Fools. Belated.

Posted by Will Franklin · 3 April 2006 10:57 AM


Oh My Gosh!...

Posted by: Zsa Zsa at April 3, 2006 01:06 PM

It almost seems made up, their reasoning is so absurd...

Posted by: Hoodlumman at April 3, 2006 01:36 PM

Then Bush was actually doing us a favor by presiding over the Recession in 2001? Clinton was screwing all of us by allowing the record expansion to occur?

Put the Crack Pipe down and let's get you some treatment. We can get through this together.

MSM. Good times.

Posted by: Justin B at April 3, 2006 01:42 PM

Very Nice.

Posted by: Rob B. at April 3, 2006 04:06 PM

April fools ha ha ha ha

Posted by: christian at April 3, 2006 10:50 PM

April Fools lasts all month, as far as I am concerned.

Posted by: Will Franklin at April 3, 2006 10:53 PM

The network news is suppose to be news readers giving us the facts on the stories of the day. Not two female hacks on the rag using their alloted time to run an expose mixing their personal feelings with a news story.
These two people should be on "The View" expressing their mental masturbations and inane rantings or on the "Martha Stewart Show" baking "nut job" cookies.

Posted by: Eneils Bailey at April 4, 2006 02:43 PM