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<\/p>\nRUSH: I\u2019m trying to figure out something. I listened to this sound bite, the media montage of George Stephanopoulos and all the others on it going orgasmic about the economic recovery, and the things that they\u2019re saying. “Machine gunfire of good economic reports.” “We finally hit bottom.” “This recovery is really taking hold.” “Another sign the real estate market could be improving.”<\/p>\n
And I\u2019m asking myself: What did I miss?<\/p>\n
Seriously.<\/p>\n
There has to be something that they are anchoring this to.<\/p>\n
What happened?<\/p>\n
<\/p>\n
So I started scouring. I started looking around for things. I only found one thing that could possibly suffice as providing them the data to report such things, and it\u2019s an AP story. “Has US Economy Bottomed Out? Census Suggests Yes.” Census? In fact, there are two things. The AP has this little thing that they send down the wire every day called, “Ten Things to Know for Today.” On September 20th, today, the number one thing for AP readers to know is, “THE WORST MAY BE OVER! New census numbers suggest that the US economy has bottomed out.”<\/p>\n
Okay, so, that\u2019s the most important story today AP, right? The census. I found it. I went out there and I got it. I have it here in my formerly nicotine-stained fingers. “[T]he US economy is showing signs of finally bottoming out. Americans are on the move again after putting their lives on hold and staying put. More young adults are leaving their parents\u2019 homes to take a chance with college or the job market, while once-sharp declines in births are leveling off and poverty is slowing.”<\/p>\n
Really? The census numbers tell us this, not the economic numbers? That\u2019s right, folks. You see, it\u2019s new 2011 census data. That\u2019s the most current data we go by. You talk about a stretch and a reach! I mean, this is comical. It\u2019s laughable, ridiculous. “New 2011 census figures offer glimmers of hope in an economic recovery that technically began in mid-2009. … Not all is well,” AP writes. “The jobless rate remains high at 8.1%.”<\/p>\n
Oh, it came down two-tenths of a percent, see, because fewer people are looking for work. “[H]ome ownership last year dropped for a fifth straight year to 64.6%, the lowest in more than a decade, due to stringent financing rules and a shift to renting. More Americans than ever are turning to food stamps…” Listen to this, now. Here\u2019s the headline: “Has US Economy Bottomed Out? Census Suggests Yes.” Opening paragraph: “US economy is showing signs of finally bottoming out. Americans are on the move again…”<\/p>\n
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“[H]ome ownership last year dropped for a fifth straight year to 64.6%, the lowest in more than a decade… More Americans than ever are turning to food stamps, while residents in housing that is considered ‘crowded\u2019 held steady at 1%…” So you see the new norm? The new norm is: Life sucks. But if you are moving, then we got an economic recovery going on. This is malpractice. This is journalistic malpractice.<\/p>\n
It is lying, and it\u2019s dumb. Stupid. Census data from a year ago solely related to the fact that people are on the move…? And, by the way, what percentage of people are on the move? Well, let\u2019s see. How many people are on the move here? Let\u2019s see… Why, it\u2019s a fraction of a fraction! The analysis cites a fraction-of-a-fraction increase in the number of people who\u2019ve moved. Like, it\u2019s not even 1%.<\/p>\n
This is a totally manufactured, made-up story using never before used criteria in the face of evidence that shows the economy continuing to shrink, contract, and slow down. These irresponsible journalists — well, these irresponsible people at AP — lie through their teeth and their keyboards right to your face. Because a handful of people are moving, that must mean the economy bottomed out. That must mean the recovery is roaring.<\/p>\n
If there were a Republican in the White House, this story would be all about the fact that this economy has descended now into a full-blown depression, and that 8.1% number would never be seen. They\u2019d report it as what it really is: 11.5%. “Taken as a whole, however, analysts say the census data … provide the latest evidence of a stabilizing US economy.” Stabilizing? Wait, I thought it was coming back. These are same economists that are wrong week after week and month after month about the unemployment rate.<\/p>\n
These are the same economists who always say, “Prosperity is just around the corner,” now that there\u2019s a Democrat in the White House. Obviously, folks, this is it. Grab sound bite number two. I just told you about the Census Bureau finding a fraction of a fraction of a percentage point of people moving while the economic data continues to show a shrinking, contracting, slowing economy. The fact that the Census Bureau\u2019s one-year-old data on people moving begot this yesterday and today in the media.<\/p>\n
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<\/p>\n
STEPHANOPOULOS: The big headlines on the economy this morning: are we on the road to recovery?<\/p>\n
VARGAS: There\u2019s great news out this morning on the economy. Are we really turning a corner?<\/p>\n
GOLODRYGA: Great news. It looks like this recovery really has legs.<\/p>\n
O\u2019DONNELL: The economic downturn may have bottomed out.<\/p>\n
WESTHOVEN: It was like machine gunfire of good economic reports.<\/p>\n
KOSIK: We finally hit a bottom, that you\u2019re seeing this recovery really take hold.<\/p>\n
COSTELLO: Breaking news into the newsroom, another sign that the real estate market could be improving.<\/p>\n
RUSH: Whoa, whoa, whoa! AP: “[H]ome ownership last year dropped for a fifth straight year to 64.6 percent, the lowest in more than a decade.” We\u2019re in a depression, people at CNN! That was Carol Costello, I think. Yup. See, I don\u2019t know whether she is knowingly lying or she just doesn\u2019t know, if she just doesn\u2019t get. It doesn\u2019t really matter, either, but it does interest me. How can people be so stupid? I marvel at that. See, I think you have to work at being that ignorant.<\/p>\n
If you\u2019re gonna work at being ignorant, why not work at being informed?<\/p>\n
BREAK TRANSCRIPT<\/p>\n
So 12% versus 11.6% the previous year, four-tenths of a percentage point difference in the number of people who moved has led to the conclusion that there is a full-fledged, full-blown economic recovery taking place out there. That\u2019s it. I scoured it. I looked at it. I heard that sound bite. Cookie gave me the sound bite, I said, “What the hell are they talking about?” I knew \u2019cause I had predicted it, that they were gonna try to make this case, but it was gonna have to anchored to something. You can\u2019t just make it up out of whole cloth. There has to be something out there, unemployment report, something. It\u2019s the census. And the fact that four-tenths of a percentage point more people moved last year, not this year. <\/p>\n “Among young adults 25 to 29, the most mobile age group, moves also increased to 24.6 percent from a low of 24.1%.” That\u2019s one half of one percentage point change, 24.6 to 24.1. That\u2019s a .5 or 0.5% increase. Not even a full point. They\u2019re going gaga over this. “Less willing to rely on parents, roughly 5.6 million Americans ages 25-34, or 13.6 percent, lived with Mom and Dad, a decrease from 14.2 percent in the previous year.” So that\u2019s a .6% difference. Folks, this is clutching at straws. This is wishful thing. It\u2019s journalistic malpractice. <\/p>\n![](\"https:\/\/live-rush-limbaugh.pantheonsite.io\/wp-content\/uploads\/000MostDangerousMan.jpg\"\/)
<\/a>RUSH: Here\u2019s the money quote in the AP story, ladies and gentlemen, that I think has caused the media to report that<\/a>, “Hey, it\u2019s over. We\u2019re roaring back. I mean, it is bango, it\u2019s boffo out there.” Here\u2019s the money quote in that AP story. “As a whole, Americans were slowly finding ways to get back on the move. About 12 percent of the nation\u2019s population, or 36.5 million, moved to a new home, up from a record low of 11.6 percent in 2011.”<\/p>\n