September 4, 2008

It strikes me curious that positive economic news is largely ignored by most media.

Crude oil prices have dropped more than 25% from their highs just weeks ago. In light of the critical role oil plays in the American economy a decline of such magnitude should certainly raise spirits. It appears the mass media does not agree.

Job 'loses' were actually a net gain of about 1,000 jobs in July. This is the first month of gain in some time - have you even heard the fact reported?

We certainly have our share of economic challenges - does that mean we must ignore signs of life? I sure hope not.