Obama and the Democrats have moved extremely quickly and taken significant steps to correct the REpublican Deregulation Destruction of our economy. Yet, in the M$M they talk like, "why hasn't this hot-shot Obama fixed the economy yet?".
When Obama gave people strait talk several weeks ago telling us it was going to take a while and considerable effort to mend the economy, M$M said he was talking 'down' the economy insinuating he might make matters worse - being irresponsible. ( Like we didn't already know how bad the situation was. Hell, we knew how bad it was BEFORE any of the economists in Washington did.)
This week, the President pointed out some encouraging economic developements, M$M is now accusing him of trying to 'confuse' the public.
Eamon Javers, Politico.com, said on Washington Week (4/17/09) after noting the administration had reported some encouraging economic developements that "the public can be forgiven for being a lttle confused" - ostensibly because the administration is sending 'mixed messages'. Confused? the public isn't confused. It bothers the M$M that the public has shown a good grasp of the enormity of the damage wrought by the Republican Deregulation Disaster and that it will take some time for Obama and the Dems to mend this badly damaged economy. (undoubtably Javers has won a spot on Wahingtron Week by showing he can be properly biased to the right when 'reporting' on news events - welcome to the M$M- The REpublican Noise Machine)
Now the public
has been confused as to how the Credit Collapse happened and that is in no small part due to M$Ms refusal to report on some very significant facts(with very notable exceptions for 60 Minutes (
http://www.cbsnews.com/stories/2008/10/26/60minutes/main4546199.shtml">The Bet That blew up Wall Street) and Bill Moyers' Journal)- such as the passage of the Commodities Futures Modernization act which legalized and Credit Default Swaps and made sure trading in them was totally without any regulation(see
Foreclosure Phil).
Nobody thinks that a couple reports of some moderating of a bad economic downturn means tomorrow morning the Deregulation Depression will be over, Mr. Javers. The public is also aware that the Corporate Power Party (GOP) is doing everything it can to keep Obama and the Democrats from succeeding at fixing the GOPs Deregulation Disaster. And they are very good at undermining progress. They've been doing it for decades. So that will inevitably make the repair of the economy take longer than it would have without these saboteurs.
It seems whatever the President does it ain't going to be good enough for the M$M. The Republican Noise Machine keeps repeating as how, the citizens
will get impatient with Obama if they don't see some results soon - when the polls have shown that the public recognizes the great damage done to the economy by the Republicans and that it will be some time (like a year or so) before any fairly significant improvement (like improving unemployment numbers) in the economy is likely to be seen.
The fact that the public is rightly giving Obama time to fix this biggest economic calamity since the Great Depression irks the M$M so much that they are trying to convince people that they ARE getting impatient.
M$M is as usual generating disinformation and dissention (or trying to) for the feckless GOP. (The GOP, they sure love power, absolute power especially, but when they get it they consistently fuck things up.)