The Economy’s Booming. So Why Don’t Republicans Get Credit?
The chief difference between the Clinton boom years and Bush's is the media drumbeat boosting the one and denying the other.
by Rod D. Martin
April 21, 2006
The Christian Science Monitor's Linda Feldmann addresses that topic here, and mostly does a good job of it. What she doesn't quite say -- and probably is not at liberty to say -- is that the difference between the best years under Bush and the best years under Clinton is chiefly the relentless drumbeat by the mainstream media claiming that black is white and white is black. Every day, CNN and the gang proclaim a horrible economy of shrinking opportunity, layoffs, jobs being siphoned off to China, immigrants (illegal and otherwise) "stealing" American jobs, dropping incomes, you name it.
And yet the statistics demonstrate the exact opposite on nearly every point.
Take the "outsourcing" myth. "Everyone knows" that American business is outsourcing virtually every job in America to foreign countries as fast as they can.
But does anyone know -- anyone but readers of Fortune magzine, my column, and other informed sources -- that foreign and domestic companies are …