NPR: Maybe a slow economy is just what we need!

posted at 1:21 pm on April 27, 2012 by Ed Morrissey

Old and busted: The economy is picking up steam under Obama and that’s great news.  New hotness: The economy is slow … and that’s great news!  After this morning’s GDP report from the Department of Commerce, NPR offered the counterfactual headline you’d only see during a Democratic administration:

 

Wait, someone at NPR must have thought later.  We can’t admit that the economy is slow at 2.2% GDP, even though everyone else already knows it.  When readers click on the link, the argument magically changes to this:

Scott Neuman offers this defense of slow-growth policies:

Growth rates have been modest at best compared with the 4-plus percent growth in the years well before the U.S. began slouching toward its worst post-World War II recession.

On Friday, the government reported that the economy grew at a 2.2 percent pace in the first quarter, down from the 3 percent rate at the end of 2011. The Federal Reserve this week said it expects growth to “remain moderate over coming quarters and then to pick up gradually.”

Common sense says high growth rates are good and slower, more modest ones are not so good. But is that always the case? After all, the “irrational exuberance” of the early 2000s helped bring on the recession as people borrowed and spent their way to prosperity.

Actually, it wasn’t irrational exuberance of growth that Alan Greenspan criticized in that period; it was irrational exuberance in the stock markets that concerned him.  That did cause people to use their homes like ATM machines, and fueled growth in that period unhealthily, but that was created by a deliberate distortion in lending markets, not by the economic growth itself.

Most of the economists Neuman quotes disagree with him, saying that slow growth combined with high unemployment is unhealthy — and wouldn’t become healthy until unemployment went below 6%, at least.  In most years, that would just be common sense.  In an election year with a Democratic incumbent in the White House, apparently the government-subsidized media feels more free to indulge counterfactual flights of fancy. I can’t imagine why …


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New democratic talking point.

Will look great on bumper sticker.

lol

gerrym51 on April 27, 2012 at 1:23 PM

Is a slow, painful death actually good for you?

austinconservative on April 27, 2012 at 1:24 PM

Was 9/11 good for urban renewal in lower Manhattan?

Rixon on April 27, 2012 at 1:25 PM

Textbook example of why NPR should lose Federal Funds.

Bluray on April 27, 2012 at 1:26 PM

Anyone else getting dizzy watching these Liberals spin in such tight circles?

I know it is making me sick….

ProfShadow on April 27, 2012 at 1:26 PM

A-HAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAH!!!!!!!!!!

ROFLOL!

Unbefrigginglievable!

Can’t dream this stuff up.

Tenwheeler on April 27, 2012 at 1:26 PM

Yeah, that’s the ticket. And it’s GOOD that we sold arms to the Mexican drug cartels. Yeah, it’s a good thing. That’s the ticket. And secret service screwing hookers is GOOD news. Yeah. And…

The Rogue Tomato on April 27, 2012 at 1:26 PM

to use their homes like ATM machines

“Machines” is redundant.

Sorry for picking on you – redundancy with initalisms is a pet peeve.

KingGold on April 27, 2012 at 1:27 PM

Freedom is slavery.

NotCoach on April 27, 2012 at 1:27 PM

You spin me right round, baby right round like a record, baby Right round round round…

mad saint jack on April 27, 2012 at 1:27 PM

The sad thing is, even if the cattle who listen to NPR could see the hypocrisy and the lies, they’d still listen to NPR and they’d still vote for Obamuh – because NPR said so.

NPR is the epitome of what the media have become – cheerleaders, whores and apparatchiks of Obamuh and Communism.

OhEssYouCowboys on April 27, 2012 at 1:27 PM

Wow. Dumb as a box of rocks? No, this is the Joe Stalin school of media at work. And we pay for their propaganda.

Disgraceful.

dogsoldier on April 27, 2012 at 1:27 PM

Funny.

Dr. Manhattan on April 27, 2012 at 1:27 PM

HAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHA
HAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHA
HAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHA
HAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHA
HAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHA
HAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHA!!!!!!!!!!!!!!!!!!!!

Oh. my. gosh. NPR owes me for a new keyboard.

smellthecoffee on April 27, 2012 at 1:28 PM

The good, the bad and the ugly economy.

Wasn’t there a movie on this?

upinak on April 27, 2012 at 1:28 PM

They even got Sarkozy face-palming next to the headline. Perfect.

Meric1837 on April 27, 2012 at 1:28 PM

That link for Youtube sound effects in the screenshot – that’s for your radio show, right?

KingGold on April 27, 2012 at 1:28 PM

They recently changed the headline of the actual article as well.

Notice that:

http://www.npr.org/2012/04/27/151456319/is-slow-growth-good-for-the-economy

redirects to:

http://www.npr.org/2012/04/27/151456319/is-moderate-growth-good-for-the-economy

I believe that they’re using wordpress as a backend. The original story was most likely created with “Slow” in the headline and when they changed it to “moderate”, the old permalink still works.

Engelwood on April 27, 2012 at 1:28 PM

Sure it’s good, for the looters and the moochers. Often they interchange roles…see the bailed out banks and the occupiers, and other collusions.

May all of them, and NPR spontaneously combust. They are all leeches on the backs of the producers, none more than these.

Schadenfreude on April 27, 2012 at 1:29 PM

Oh. But Romney’s the flip-flopper.

Washington Nearsider on April 27, 2012 at 1:30 PM

Could President Mittens downsize NPR, please?

rbj on April 27, 2012 at 1:30 PM

“War is peace. Freedom is slavery. Ignorance is strength.” – George Orwell

Welcome to 1984 Folks!

rustynca on April 27, 2012 at 1:30 PM

Dog. It’s not just for breakfast anymore.

RSbrewer on April 27, 2012 at 1:30 PM

People will believe it because they want to believe. I remember a conversation with a conservative four years ago who actually believed that BO could do would do all the good that he promised. No amount of logical rebuttal would sway him, I was just told that we needed to trust that BO could would do what he said he would do; just because I didn’t understand how he could possibly accomplish it all didn’t mean HE didn’t know how he was going to do it. My friend was just too stoked at the chance to elected a non-white guy to the Oval Office for the first time and just hoped BO’d make it all better like he promised.

I don’t think he feels the same now.

Bob's Kid on April 27, 2012 at 1:31 PM

End their public funding and see how they like it

crosshugger on April 27, 2012 at 1:31 PM

NPR is spinning so hard.

Dizzy. I’m so Dizzy, my head is spinning…..

portlandon on April 27, 2012 at 1:31 PM

Wait – is president puppy-muncher’s slow growth good, or is slow growth bad and all Bush’s fault?

Rebar on April 27, 2012 at 1:32 PM

Textbook example of why NPR should lose Federal Funds.

Bluray on April 27, 2012 at 1:26 PM

Why is there such a thing as “public radio” when there is no shortage of private radio stations to accomodate just about any taste?

Bitter Clinger on April 27, 2012 at 1:32 PM

High unemployment is just what we need because it helps parents spend more time with their kids.
It’s for the kids …mmmmm…mmmm….mmmm

burrata on April 27, 2012 at 1:32 PM

We’re going to be in for a bigger laugh when they start telling us how higher unemployment is also a good thing.

heretic on April 27, 2012 at 1:32 PM

Whoops! Missed this portion in the link structure /2012/04/27/151456319/

Turns out that:

http://www.npr.org/2012/04/27/151456319/is-no-growth-good-for-the-economy

Also redirects!

Engelwood on April 27, 2012 at 1:33 PM

National Propaganda Radio

John the Libertarian on April 27, 2012 at 1:33 PM

Slow is the new moderate

GeorgieGirl9 on April 27, 2012 at 1:34 PM

NPR, are you retarded, or just publicly funded?

JohnGalt23 on April 27, 2012 at 1:34 PM

Listening to NPR lowers ones sperm count, brain cells, and makes you crave dogs!

KOOLAID2 on April 27, 2012 at 1:34 PM

Here we go: proof positive that these people have gotten really really dizzy–and ditzier–from all that spinning and spinning and spinning.

stukinIL4now on April 27, 2012 at 1:34 PM

“Death By A 1,000 Cuts Not As Bad As Advertised, Might Even Be Healthy”

-NPR

Bishop on April 27, 2012 at 1:34 PM

• . . . . . .. . . . . . . . . . . ,.-‘”. . . . . . . . . .“~.,
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. . . . . . .?. . . __. . . . . . . . . . . . . . . . . . . . :`. . . ./
. . . . . . . /__.(. . .“~-,_. . . . . . . . . . . . . . ,:`. . . .. ./
. . . . . . /(_. . ”~,_. . . ..“~,_. . . . . . . . . .,:`. . . . _/
. . . .. .{.._$;_. . .”=,_. . . .“-,_. . . ,.-~-,}, .~”; /. .. .}
. . .. . .((. . .*~_. . . .”=-._. . .“;,,./`. . /” . . . ./. .. ../
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. . . . . . . . . . . . . . . . . . .`=-,. . . . . . . . . .,%`>–

That is all I have.

Rio Linda Refugee on April 27, 2012 at 1:34 PM

Is slow growth actually good for the economy?

Is joblessness actually good for household incomes?

petefrt on April 27, 2012 at 1:35 PM

Engelwood on April 27, 2012 at 1:33 PM

hehe:

http://www.npr.org/2012/04/27/151456319/is-negative-growth-good-for-the-economy

Meric1837 on April 27, 2012 at 1:35 PM

“Is being sexually assaulted at an Occupy camp actually beneficial to women?”

“Death Panels: Top 10 reasons Grandma should be thankful”

mudskipper on April 27, 2012 at 1:36 PM

rustynca on April 27, 2012 at 1:30 PM

I honestly thought of We’ve always been at war with Eastasia when I saw such a ham-handed bit of propaganda.

Happy Nomad on April 27, 2012 at 1:36 PM

Of course, why didn’t we think of that…slow economy, unemployment, people losing homes, ultra high energy costs, bankruptcy…all help the nation.
Gee, I wonder why no conservative has thought that is good…

right2bright on April 27, 2012 at 1:37 PM

“President Obama’s New Gulag System Helps Obese Prisoners Lose Weight”

-NPR

Bishop on April 27, 2012 at 1:38 PM

We’re going to be in for a bigger laugh when they start telling us how higher unemployment is also a good thing.

heretic on April 27, 2012 at 1:32 PM

They’re way ahead of you, they coined a term for it in 2009: funemployed!

These jobless folks, usually singles in their 20s and 30s, find that life without work agrees with them. Instead of punching the clock, they’re hitting the beach.

mudskipper on April 27, 2012 at 1:38 PM

Defeat is victory!
Lies are truth!
Unemployment checks stimulate the economy!
Health Care is ‘free’!
Most transparent administration, evah!

Somewhere George Orwell is laughing his ass off.

GarandFan on April 27, 2012 at 1:38 PM

NPR must think then that it’s a good thing that the Muslim Brotherhood is so chummy with Obama. That will ultimately mean women don’t have to work outside the home, are forced to be uneducated, can be genitally mutilated, forced to wear a burka outside the home, men can have sex with their dead wives up to six hours, and gays can be executed. sarc/

TulsAmerican on April 27, 2012 at 1:39 PM

Do you know what else is good for the economy…eating dogs…

right2bright on April 27, 2012 at 1:39 PM

I doubt this is “government spin”; it’s just too much like what one sees in the rest of the media. A reporter (who’s not necessarily an expert) gives a report, often with a provocative premise. An editor, who’s barely read the article, gives it the most eye-catching headline. And pundits, critics, and others take that headline and run with it. It’s a game of telephone with the purpose of getting readers to pay attention. And it works. It got your eyeballs and now it’s here, and more people will read the article, even as it gets spun into something it isn’t. You’re doing it too; after all, you don’t say until the end of the post that “Most of the economists Neuman quotes disagrees with him, saying that slow growth combined with high unemployment is unhealthy.” You turned it from a question with a “no” answer, to a statement. And the “spin” goes on….

calbear on April 27, 2012 at 1:39 PM

When I grow up, I want to live in a slow–er, moderate–economic growth country.

BuckeyeSam on April 27, 2012 at 1:39 PM

Ok, now I’m just having fun:

http://www.npr.org/2012/04/27/151456319/is-shameless-spin-good-for-the-economy

Meric1837 on April 27, 2012 at 1:39 PM

We’re going to be in for a bigger laugh when they start telling us how higher unemployment is also a good thing.

heretic on April 27, 2012 at 1:32 PM

That is so 2009! Don’t you remember funemployment? You know, where people that lost their jobs were quoted about how much fulfilling their lives were without going to work every day.

Happy Nomad on April 27, 2012 at 1:40 PM

Communism protects private property and individual liberty.

- NPR

OhEssYouCowboys on April 27, 2012 at 1:40 PM

How do they look at themselves in the morning?

ellifint on April 27, 2012 at 1:40 PM

Yeah…maybe fast growing economies should be checked for gigantism. Of course, the Dems are implementing the cure already….taxes.

BobMbx on April 27, 2012 at 1:40 PM

Is Slow Meteor of Death good for our karma?

Archivarix on April 27, 2012 at 1:40 PM

By this guys analysis, we are heading for the greatest economy, the greatest nation, ever in the history of the world…to this guy we are heading in the right direction.

right2bright on April 27, 2012 at 1:40 PM

The administration loves poor people so much, they want to make more of them. How about you, bub?

freedomfirst on April 27, 2012 at 1:40 PM

If are among the leftists that say they believe global warming, you don’t want slow growth, you want negative growth, and much worse. So this is not so shocking. My Jnova comment:

“If I wanted America to fail….” I’d call for mandated 83% CO2 Cuts by 2050 — as passed by the U.S. House in 2009. You talk about taking a wrecking ball to civilization… Yes, what one person calls a harrowing failure, most leftists call success. From my Real Science comment:
If this AGW scare doesn’t work, the liberal elite econuts will rebrand and repackage and reposition. Obama’s Science Czar’s John Holdren’s past call (before the AGW scare) to “de-develop the United States” & create a “stable low consumption economy” is the political expression of the leftist dream, and they will push and push for that. Driving it all is secular guilt, and the dream of their own Eden. But the raw feeling of their pastoral fantasy is not dressed in words such “a stable low consumption economy,” but THIS:
“We have wished, we ecofreaks, for a disaster or for a social change to come and bomb us into Stone Age, where we might live like Indians in our valley, with our localism, our appropriate technology, our gardens, our homemade religion.” –Stewart Brand, Whole Earth Catalogue
They see draconian CO2 cuts as the ticket to fold up industrial civilization, if all goes “well.” But unfortunately, for them, and everybody else, it wouldn’t lead to this Utopian Eden. An Alabanian told the story of what happened to their country with the collapse of communism (and just some supply systems): “Even the trees lining the roads were chopped down.”
It would be no Garden of Eden. I could say that instead it would be like a Mad Max world — but it’d be much worse. No desert idealism of clean and clean-cut ruffians. Tons of people (at first), and just cutting discomfort, cold, disease, dirtiness, dysentery, hunger, and violence.
You’d think at some point, let’s say after severe CO2 caps are implemented, and other problems ensued, people would see it coming, and repeal… But there would possibly be too much inertia, and once a series of collapses begin, it may be impossible to halt the descent.

anotherJoe on April 27, 2012 at 1:40 PM

We’re going to be in for a bigger laugh when they start telling us how higher unemployment is also a good thing.

heretic on April 27, 2012 at 1:32 PM

Google “pelosi unemployment best form of economic stimulus”

BobMbx on April 27, 2012 at 1:41 PM

“Arbeit Macht Frei”

-NPR

Bishop on April 27, 2012 at 1:41 PM

Are riots good for “urban” folks?

SouthernGent on April 27, 2012 at 1:41 PM

I forget….is cancer good or bad now?

Tim_CA on April 27, 2012 at 1:43 PM

Gallup Today:

Obama 50
McWillard 43

Looks like the economy is doing just fine to re-elect Obama.

angryed on April 27, 2012 at 1:43 PM

Is Having Your Head Sawed Off by a Rusty Blade Actually a Quick and Easy Way to Lose a Few Pounds?

AZCoyote on April 27, 2012 at 1:44 PM

National Propaganda Radio

Red Cloud on April 27, 2012 at 1:44 PM

How do they look at themselves in the morning?

ellifint on April 27, 2012 at 1:40 PM

With the same kind of awe and glow that the Germans lining the streets gave Hitler, as he drove by.

These people are fanatics.

OhEssYouCowboys on April 27, 2012 at 1:44 PM

“Soup Lines: Young People Discovering A New And Vibrant Social Media”

-NPR

Bishop on April 27, 2012 at 1:44 PM

Are riots good for “urban” folks?

SouthernGent on April 27, 2012 at 1:41 PM

We will see before the year is out.

Rio Linda Refugee on April 27, 2012 at 1:44 PM

Gallup Today:

Obama 50
McWillard 43

Looks like the economy is doing just fine to re-elect Obama.

angryed on April 27, 2012 at 1:43 PM

Lol.

Good luck with that remedial math.

Try to stay in the lines.

tetriskid on April 27, 2012 at 1:45 PM

“Arbeit Macht Frei”

-NPR

Bishop on April 27, 2012 at 1:41 PM

Outstanding post.

OhEssYouCowboys on April 27, 2012 at 1:45 PM

I forget….is cancer good or bad now?

Tim_CA on April 27, 2012 at 1:43 PM

Sick people are good for the medical industry.

Bitter Clinger on April 27, 2012 at 1:45 PM

Lol.

Good luck with that remedial math.

Try to stay in the lines.

tetriskid on April 27, 2012 at 1:45 PM

Please ignore that little douchebag.

Red Cloud on April 27, 2012 at 1:46 PM

“Going Batshit Insane About Romney On Political Blogs Now Seen As A Way To Become Popular”

-NPR roving reporter, Ed Angry

Bishop on April 27, 2012 at 1:46 PM

Economic illiterates at RomneyAir of course, missed the entire argument on the article. If it’s not in easy to understand Rush/Sean talking points like DEMOCRAT BAD, it goes right over your heads.

angryed on April 27, 2012 at 1:46 PM

And yet in the actual article each economist answers, “No, we need stronger growth.”

Heh.

BocaJuniors on April 27, 2012 at 1:47 PM

Gallup Today:

Obama 50
McWillard 43

Looks like the economy is doing just fine to re-elect Obama.

angryed on April 27, 2012 at 1:43 PM

So,

Any poll that looks good for Obama = good
Any poll thta looks good for Romney = bad

Got it.

Bitter Clinger on April 27, 2012 at 1:47 PM

Are National Bankruptcy and Collapse of the Dollar Actually the Best Ways to Rein in Government Spending?

AZCoyote on April 27, 2012 at 1:47 PM

A balanced approach to growth.

forest on April 27, 2012 at 1:47 PM

Choco ration’s going up this month. Double plus good!

KrebsCyclist on April 27, 2012 at 1:47 PM

Please ignore that little douchebag.

Red Cloud on April 27, 2012 at 1:46 PM

I’m seconding Red Cloud.

Y’all, when you play with this pissant, you help him ruin HotAir for the rest of us.

I know that you want to humiliate him for the fool that he is – but he can’t be humiliated.

It’s what makes the pissant – a pissant.

Please, iggy.

OhEssYouCowboys on April 27, 2012 at 1:48 PM

The first five adult males who are for a rapidly growing economy whould be crucified. It will just eliminate tedious arguments.

a capella on April 27, 2012 at 1:48 PM

anotherJoe on April 27, 2012 at 1:40 PM

You’ve managed to vocalize quite well what I have been imagining would happen if the EcoNuts dream became reality. My favorite comeback in Denver this week to an EcoNut who asked me “Do you want to help save the planet?”

I answered: “Lady, I do more in one day to save this planet than you will ever do in your lifetime.”

Too bad that statement was totally beyond her ability to comprehend.

Turtle317 on April 27, 2012 at 1:48 PM

Another doubleplusgood effort from the Ministry of Truth (Minitrue)!

Red Cloud on April 27, 2012 at 1:48 PM

Meric1837 on April 27, 2012 at 1:39 PM

lol

strictnein on April 27, 2012 at 1:49 PM

In other NPR News:

Is Cancer actually Good for you??

Is Cyanide really deadly??

portlandon on April 27, 2012 at 1:49 PM

No matter how hard you try, the lies and distortions simply aren’t working. Americans recognize that President Obama saved us from a financial calamity brought upon by 8 years of insanity. And rightly so, President Obama will be re-elected with a comfortable margin.

angryed on April 27, 2012 at 1:50 PM

And never forget :
” Unemployment stimulates the economy” – Pelosi

And Salazzar was talking about Harry Potter the other day.

These folks are just simply LOST

Jabberwock on April 27, 2012 at 1:50 PM

In other NPR News:

Is Cancer actually Good for you??

Is Cyanide really deadly??

portlandon on April 27, 2012 at 1:49 PM

Here’s one:

Brain Injury Gives Man A Second Chance To Be Kind

forest on April 27, 2012 at 1:51 PM

OhEssYouCowboys on April 27, 2012 at 1:48 PM

You’re right. We do need to ignore the turd in the toilet.

Bitter Clinger on April 27, 2012 at 1:51 PM

So,

Any poll that looks good for Obama = good
Any poll thta looks good for Romney
= bad

Got it.

Bitter Clinger on April 27, 2012 at 1:47 PM

Aside from Rasmussen, there is no such thing.

angryed on April 27, 2012 at 1:51 PM

“Societal Collapse: Really Just A Scary Name For Positive Urban Renewal”

Bishop on April 27, 2012 at 1:51 PM

Ah, NPR. All the news that’s fit to spin.

Snake307 on April 27, 2012 at 1:52 PM

“It wasn’t rape rape.”

Akzed on April 27, 2012 at 1:52 PM

You’re right. We do need to ignore the turd in the toilet.

Bitter Clinger on April 27, 2012 at 1:51 PM

*FLUSH!*

Turtle317 on April 27, 2012 at 1:52 PM

Gallup Today:

Obama 50
McWillard 43

Looks like the economy is doing just fine to re-elect Obama.

angryed on April 27, 2012 at 1:43 PM

…THE THREAD IS ABOUT NPR dumb angryAZZ!

KOOLAID2 on April 27, 2012 at 1:53 PM

“Do you want to help save the planet?”

Turtle317 on April 27, 2012 at 1:48 PM

Just say no and walk away. Doing this completely disarms the fanatic who most assuredly is ready spout off all the environmental talking points.

As you’re walking away, say this over your shoulder…”thats what the government is for”.

Then admire the libs’ cranial detonation as the logic of your statement shorts every synapse in use.

BobMbx on April 27, 2012 at 1:53 PM

Every penny that goes to NPR may as well be given to the DNC.

Akzed on April 27, 2012 at 1:53 PM

No matter how hard you try, the lies and distortions simply aren’t working. Americans recognize that President Obama saved us from a financial calamity brought upon by 8 years of insanity. And rightly so, President Obama will be re-elected with a comfortable margin.

angryed on April 27, 2012 at 1:50 PM

It has morphed into getalife!!!
AAAAHHHHHHHHH!!!!!!!!!!!!!!!!!!

Rio Linda Refugee on April 27, 2012 at 1:53 PM

Comment pages: 1 2 3