General Discussion
In reply to the discussion: The sad truth behind yesterday's unemployment numbers [View all]DevonRex
(22,541 posts)"The media jumped on the jobs totalsignificantly higher than the 165,000 that had been predictedto proclaim an economic turnaround, while the Obama White House said the report indicated that the recovery that began in mid-2009 is gaining traction.
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"After four years of recovery, the US economy is nowhere near its pre-recession level of unemployment. Instead of investing in production, major corporations, flush with cash and with their stock at record levels, are paying out dividends and inflating their own stock values."
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My take is this: WSWS views Democrats and Republicans as their political rivals. They view both parties as equally bad because they favor capitalism. We, as Democrats, kid ourselves if we believe we are considered the lesser of two evils by the writers (and followers) of WSWS. I am merely stating the facts as I see them.
So no matter who's in office, WSWS will paint as dire a picture as possible. Perhaps they'll even be disappointed at good economic news because if the economy does well then there's no reason to change things. Rather like our Republican rivals feel about anything good that happens under a Democratic president or as the result of a Democratic bill.