The reality is that the media will no doubt breathlessly report "good news" like this
A trio of positive economic reports -- from jobless claims to manufacturing -- boosted Wall Street Thursday as investors grew more confident that the economic recovery was firmly under way. The Dow Jones industrials climbed nearly 100 points.
Terrific. As predicted by many economists, the Bush tax cuts are helping the rich get richer. As for the kinds of jobs people are finding, I suppose we ought to be ecstatic that Americans are beginning rewarding careers at restaurants like Chili's, Starbucks and Dunkin' Donuts.
What won't get blaring headlines are stories of those who have been pounded by Bush's magical economy. You know, like the new homeless:
Hunger and homelessness increased in many of America's largest cities this year, with growing demand for emergency food supplies for families with children, the elderly and even people with jobs, a survey by U.S. mayors finds.
The report by the U.S. Conference of Mayors, released Thursday, found that requests for emergency food assistance rose 17 percent overall from last year in the survey of 25 large cities. Requests for emergency shelter assistance increased by 13 percent, the report showed.
Most of the cities expected that requests for emergency food assistance and shelter would rise again over the coming year, the study said.
But let's let Wall Street spread the great news:
"The numbers show that the jobs situation might be better than people expected all along ... and the economy is actually going well," said Tim Smalls, trader at SG Cowen Securities. [LINK]