Wednesday, April 05, 2006

Bloomberg Presents Enigma On Economy

After weeks of attempting to bash the Bush Administration's handling of the economy (i.e. here, here, and here) Bloomberg has this story today:

"Snow, Presiding Over Best U.S. Economy in Years, Finds His Future in Doubt"

So have Al Hunt & Co. had a change of heart? Did internal controls break down at Bloomberg News? Or are they admitting to a good economy in a twisted attempt to say that, by virtue of Snow's uncertain future, Bush can't even see what is going well in his administration? Puzzling.


UPDATE: Don Luskin points out how Treas. Sec. Snow is dealing with the uncertainty, although he is wrong to imply that Snow has not done this before. He predicted the total number of new jobs that would be created in 2004 (2.5 million if I recall, too lazy right now to check) in the runup to the election in order to counter the "jobless recovery" line of the MSM.

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