US Economy Surging Despite NK Nuclear Threat

The DOW has past the 12,000 mark setting new all time highs despite the war in Iraq and the North Korean nuclear threat.  Now even more good news is coming out about the US economy:

The Labor Department Friday announced that the number of jobs increased between April 2005 and March 2006 not by 5.8 million but by 6.6 million.

The federal budget deficit has been cut in half in three years, three years faster than George W. Bush called for. Why? Tax receipts were up 5.5 percent in FY 2004, 14.5 percent in FY 2005, and 11.7 percent in FY 2006. That’s up 34.9 percent in three years. And that’s after the 2003 tax cuts.

So why isn’t anyone hearing about this?  Why is it only doom and gloom in the media?  Could it be because the media would rather show you footage of sniper attacks killing US servicemen in Iraq before the November election?

HT: CDR Salamander

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