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Thursday, September 15, 2016

You Won't Hear About This on Fox News

And probably not much about it from any other major "news" organization. From Tom Sullivan at Hullabaloo:

One of the Republicans' campaign talking points this year is that electing Hillary Clinton will be a third term for Barack Obama. The horror.

Upon yesterday's release of two reports by the Census Bureau, Economic Policy Institute president Larry Mishel tweeted:

I can't remember feeling such glee on seeing a new economics data report
Census described its findings in a press release:
The U.S. Census Bureau announced today that real median household income increased by 5.2 percent between 2014 and 2015 while the official poverty rate decreased 1.2 percentage points. At the same time, the percentage of people without health insurance coverage decreased.

Median household income in the United States in 2015 was $56,516, an increase in real terms of 5.2 percent from the 2014 median income of $53,718. This is the first annual increase in median household income since 2007, the year before the most recent recession.

The nation’s official poverty rate in 2015 was 13.5 percent, with 43.1 million people in poverty, 3.5 million fewer than in 2014. The 1.2 percentage point decrease in the poverty rate from 2014 to 2015 represents the largest annual percentage point drop in poverty since 1999.

The percentage of people without health insurance coverage for the entire 2015 calendar year was 9.1 percent, down from 10.4 percent in 2014. The number of people without health insurance declined to 29.0 million from 33.0 million over the period.

This will get buried and the press will continue to let Trump get away with his lies about how the country is sinking.

Sullivan goes on to analyze what effect this will have on the election, which is, to put it bluntly, none:

The stunning economic news might not actually boost Clinton's numbers any time soon. For one, it takes time for macroeconomic news to filter down to average voters, a former Sanders pollster told the San Francisco Chronicle. It may take several positive reports before voters notice. Plus, John Powell, director of UC Berkeley's Haas Institute for a Fair and Inclusive Society, observed:
“Trump feeds off of people feeling bad, feeling angry. Then he says, ‘I can save you,’” Powell said. “Much of their effort — by Republicans and Trump — is that they need to say that things are bad. Their campaign is one of deep anxiety and polarization, that the country is going to hell in a handbasket.”

And that's the message that people will keep hearing -- if the press can find room to fit it in between Clinton being near death and E-Mails!!1!.

And we should know by now that, after Republicans have screwed up the economy with their voodoo economics, it takes a Democratic administration to fix it.

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