The only arrogant one is you, who refuses to read an article if it comes from the "wrong" person. You only read news when you think it's from the "right" person, which means you intentionally bias yourself. That is arrogance, to presume you and only you know who is right and wrong.
It's a much better presumption to read from both right and left like I do, then you can arrive at the truth, because when both left and right are saying much the same thing, then there's a higher probability they aren't trying to snow you with propaganda.
Meanwhile, the economy is NOT doing well and Bernanke and Obama's economic policies are simply failing. Sugar highs were never a prescription for long term success, but in your heart of hearts you know that. There is never a free lunch, but you just don't want to admit that because you'd rather there be no pain. It's human nature to deny the hard things. It's very similar to why the GOP denies Climate Change. They don't want to admit it, because to admit it, means a shift to different energy sources from the ones their constituency makes a ton of money off of. It's all intentional bias.
Here's how your recovery is doing. Is ADP now also going to be on your "DO NOT READ" list, since they just posted some awful employment numbers that missed all expectations and showed declines? adpemploymentreport.com --------------
April 2012 ADP National Employment Report® Employment in the U.S. nonfarm private business sector increased by 119,000 from March to April on a seasonally adjusted basis. The estimated gain from February to March was revised down modestly, from the initial estimate of 209,000 to a revised estimate of 201,000. Employment in the private, service-providing sector increased 123,000 in April, after rising 158,000 in March. Employment in the private, goods-producing sector declined 4,000 jobs in April. Manufacturing employment dropped 5,000 jobs, the first loss since September of last year. Employment on large payrolls—those with 500 or more workers—increased 4,000 and employment on medium payrolls—those with 50 to 499 workers—rose 57,000 in April. Employment on small payrolls—those with up to 49 workers—rose 58,000 that same period. Of the 57,000 jobs created by medium- sized businesses, 8,000 jobs were created by the goodsproducing sector and 49,000 jobs were created by the service-providing sector. Construction employment also fell by 5,000, the first decline in seven months and following healthy gains during the unusually warm winter months. Employment in the financial services sector increased 13,000 in April, marking nine consecutive monthly gains there. For information on the construction sector and use of the ADP Report, please visit the methodology section of the ADP National Employment Report website at adpemploymentreport.com. |