Update: I can’t help but wonder if the corporate profits that were responsible for the record Dow (and no doubt created many jobs across the country) will be blamed for all the horrible poverty in America (see my Idol post above). During the Clinton years good economic figures were always good news. For some strange reason, during the Bush years they are always bad, evidence the evil rich are getting richer, or at the very least are to be taken with skepticism, just setting us up for impending economic devastation.
Update II: Right on cue. ABC and CBS throw cold water on good economic news. No wonder there is such a huge gap between the public perception of the economy and the actual numbers.
