Friday, January 20, 2012

More Hypocritical Distortions By The Media And The Left About These Republican Candidates

MSNBC headline today: "History flubs in Republican debate". Candidates say an incredible number of things to promote their candidacy. If you had to talk that much to promote yourself for a job would you get an occassional fact incorrect? How accurate is YOUR understanding of history? And you expect Republicans to be perfect but not Democrats?

When you took classes in high school or college did you ever get a fact incorrect or did you always get 100% on all your tests and homework? Did you even tell a boss something that turned out not to be correct?

Take their criticism of Romney. They make a big deal of a couple of errors he made and then very quietly (brief simple statement) mentioned that he corrected them but the headline is he FLUBBED HISTORY.

Take their criticism of Gingrich. When Gingrich was talking about Carter's presidency, Gingrich said Carter gave us an 10.8% unemployment rate. MSNBC has a field day with that reminding us that the unemployment rate Ginrich mentioned didn't happen until two years after Carter left office, under Reagan.

So Gingrich is wrong and MSNBC had another opportunity to say Reagan was bad ... he caused the 10.8% unemployment rate? We have to give MSNBC credit for then agreeing with Gingrich by explaining the facts: "Most economists attribute the jobless increase to a sharp rise in interest rates engineered by then-Federal Reserve Chairman Paul Volcker in an ultimately successful effort to choke off inflation. Unemployment began to fall in 1983 and dropped to 7.2 percent in November 1984, when Reagan easily won re-election."

The inflation that Reagan inherited(!) was caused by Carter's economic and monetary policies. For those of you who weren't alive or don't remember, the inflation rate was killing our economy. The prime interest rate rose to a staggering and record(!) 21.5%. What is it now, 0.5%? Can you imagine what it was like to try to buy something at a 25-30% lending interest rate? Fixing that problem happens to result in an increase in unemployment. It just does by the nature of the required fixes. The unemployment rate was doomed to keep heading up early in Reagan's first term because Carter so messed up our economy. Yes, the unemployment rate went up during Reagan's first two years but it was because of a problem he inherited.

But MSNBC's headline was Republicans flubbed history by blaming that on Carter. The truth (if you're interested!) is, it WAS Carter's doing!!! If Reagan's unemployment rate was not Carter's fault, why is MSNBC reluctant to blame Clinton for the recession Bush inherited? Why do the liberal media and liberals accept as fact that Obama blames Bush for the unemployment rate of the past three years? Bush caused the unemployment rate of the past three years but the unemployment rate under Reagan his first two years was his fault, not Carter's. Do you detect any hypocrisy or dishonesty in that?

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