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NPR spin doctors: Maybe slow economic growth is a good thing!

Apr. 27, 2012 2:15pm Meredith Jessup

In the ultimate test of media spin today, NPR took the news of crawling economic growth and turned it into a plus:

Yeah… Raise your hand if you believe slow economic growth is a good thing. Anyone?

Nope, it’s just NPR who thinks that idea is remotely logical:

Growth rates have been modest at best compared with the 4-plus percent growth in the years well before the U.S. began slouching toward its worst post-World War II recession.

On Friday, the government reported that the economy grew at a 2.2 percent pace in the first quarter, down from the 3 percent rate at the end of 2011. The Federal Reserve this week said it expects growth to “remain moderate over coming quarters and then to pick up gradually.”

Common sense says high growth rates are good and slower, more modest ones are not so good. But is that always the case? After all, the “irrational exuberance” of the early 2000s helped bring on the recession as people borrowed and spent their way to prosperity.

That’s an awfully convenient theory for President Obama who is struggling to explain how the U.S. economy continues to grow at a less-than-stellar pace.

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Comments (6)

Cosmos102
Posted on April 29, 2012 at 10:41pm
Oh yes NPR. A slow economy is good for the country. Unless of course a Republican is in the WH. I like pondering what I could have done with all the money I lost in the stock market and real estate. It’s fun to practice survival techniques like going with out food and necessities and worrying about the future. Driving an old car we nicknamed “Rattle Trap” makes me feel patriotic. Losing my dignity and learning to accept humiliation have been real character builders. It’s all good stuff…unless, like I say, a Republican is in the WH. Isn’t that right, NPR…

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Beckofile
Posted on April 29, 2012 at 11:01am
And my slow Mo Ped saves gas but I can’t ever seem to show up at work with all my tools or get my kids to school on time.

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BenInNY
Posted on April 28, 2012 at 9:13am
That’s the perfect photo to place next to that headline.

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mwhaley
Posted on April 28, 2012 at 8:38am
This should read, Despite all of Obama efforts the economy is growing. We are still seeing 80% of Americans are still employed.

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TJexcite
Posted on April 27, 2012 at 3:20pm
Well, they blame Gas prices for a hot economy so now they will proclaim that it has cooled and gas price will come down. It might just take a few months and nothing in the mean time will cause it to go up again.

quick hook a generator to the spin and it could power the whole mid east.

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Tregonsee
Posted on April 27, 2012 at 3:17pm
“NRP spin doctors”

Most likely NPR spin doctors?

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