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Ted Rall: Why Settle for Second Worst?

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"Then there's [NYT editor] Keller's first assertion: "Obama pulled the country back from the brink of depression."

Um--Bill? Depression? We're soaking in it. The real unemployment rate (the way the government calculated it during the 1930s) is over 24 percent. That matches the highest monthly rate during the Great Depression.

But this Depression is worse than the "Great" Depression. You could buy an apple for a nickel back then. Now there's high inflation too. Not only are one out of four Americans out of work, the salaries of the employed are stagnant and getting eroded by soaring food and gas prices.

U.S. state-controlled media outlets like the Times are in the president's corner. But their "without Obama the economy would be even worse" narrative is reducing their man's chances next November. If there's anything worse than losing your job, it's a media that pretends you that you and your reality don't exist. There never was a recovery; the economy crashed with the dot-coms in 2000 and never came back, what they called a "stimulus" was nothing more than a giveaway to bank CEOs, and now tens of millions of pissed-off people are itching for a chance to make a noise..."
http://www.rall.com/rallblog/2011/09/20/...

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