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  Topic: ´New Normal´ Of The U.S. Economy
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´New Normal´ Of The U.S. Economy
Dumbs Down Excellence

Investor´s Business Daily, by J. T. Young

Original Article

Posted By:SoCalGal, 11/26/2012 8:50:15 PM

The economy´s "new normal" is decidedly new, but certainly not normal. Statistic after statistic attests to the simultaneous downshifting of America´s economy and our expectations with it. Only by comparison can we put the current economy into true perspective. And only by doing so, can we hope to snap ourselves, and the economy, out of the current exercise of redefining mediocrity as excellence. October´s job figures are just the latest example of the "dumbing down" of America´s economy. An unemployment rate of 7.9% and a sub-200,000 job creation figure would not long ago have called for worried hand-wringing,

      


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Reply 1 - Posted by: Patchy Groundfog, 11/26/2012 8:54:30 PM     (No. 9035122)

You didn´t innovate that.

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Reply 2 - Posted by: bighambone, 11/26/2012 9:17:32 PM     (No. 9035130)

Well if you listened to a lot of Obama supporters before the election it was clear tat the last thing on their minds was a standard of excellence in anyway. All they said was Barack Obama "did the best he could" and that was enough for them to vote for him again.

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Reply 3 - Posted by: Axeman, 11/26/2012 11:02:47 PM     (No. 9035202)

It´s Bush´s fault.

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Reply 4 - Posted by: steveW, 11/27/2012 2:11:15 AM     (No. 9035312)

Redefining mediocrity as excellence has been a Democrat project for decades and decades, culminating in the election of Obama in 2008 - the ultimate Celebration of Ignorance. 2012 was merely a confirmation that the stupid need to feel good about themselves for being stupid.

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