The Pinhead of 1600 Penn. Ave lied through his teeth again gave America a little happy talk today (via The Washington Post):
“There have been some recent signs that our economy is beginning to improve,” Bush said in his weekly radio address.
Now, don’t rush to the grocery store expecting to find cheaper food, because that isn’t one of the signs. I know the price of gas went down (somewhat) last week but Hurricane Gustav took care of that. Don’t expect to be less upside down in your mortgage. Or car loan. Don’t expect your boss to give you a raise. Don’t expect a job offer. Don’t expect the credit card companies to stop moving your due date so they can’t hit you up for a late fee. Anything you might be experiencing that suggests the economy is befucked is um … a sign of a disturbing lack of faith.
Among the positive signs that Bush referenced was a report Thursday that the overall economy, as measured by the gross domestic product, rose by 3.3 percent in the April-June quarter.
Most credit was given to the $93 billion in economic stimulus payments the federal government has sent to households since May.
See, doesn’t that make you feel better? Doesn’t that make up for the fact that you lost your house and you no longer have health insurance? And hey, there’s lots of different ways to eat Ramen noodles! Everything is just fine says the pinhead.
However, other economic news this week showed that right after that second quarter, in July, consumer spending slowed to a crawl and personal incomes plunged.
Hey, who needs heating oil anyway?
“There are families across our country struggling to make ends meet,” he said. “There is an understandable concern about the high price of gas and food. And many Americans are worried about the health of our housing and job markets. I share these concerns about our economy.”
You can get through the winter with the warm fuzzy that comes of knowing the pinhead, really truly gives a fuck about your plight.