WASHINGTON – The war in Iraq and the soaring price of gasoline are drowning out a succession of positive reports on the economy, putting President Bush on the defensive at a time when he could be basking in good economic news.
Despite months of economic growth, tame inflation, resurgent job growth and an unemployment rate near a four-year low, public approval of Bush’s handling of the economy is at the lowest levels of his presidency.
That has left his supporters perplexed over why Bush hasn’t gotten more credit for the improving economy.
But analysts suggest a host of reasons — including anxiety over terrorism and the Iraq war, soaring gasoline prices and high levels of mortgage debt in an environment of increasing interest rates.
I could think of a few reasons myself. Like maybe the fact that good economic news doesn’t get much, if any, media play. And when it does its usually couched along with something negative, like “Unemployment Plummets While Soldiers Die Needlessly In Iraq.”
Well, maybe not quite that bad, but you get my drift. The truth of the matter is that the media isn’t very interested in good economic news. At least, they haven’t been during this President’s administration.
How can you expect Americans to feel good about their economy when most of what they hear about it is negative?
By Rob Port of Say Anything.