Tuesday, July 07, 2009

The power of the echo chamber

As the economy has collapsed (see here for some statistics), Democrats think things are getting better:

Among Democrats, the Rasmussen Consumer Index jumped from 53.7 a year ago to 79.5 in 2009.

Among Republicans, confidence was at 99.4 a year ago and it’s fallen to 68.6 today.

As for those not affiliated with either major party, there’s been little change.....

Recent polling showed that just 42% of voters give President Barack Obama good or excellent marks for handling the economy. He earns positive reviews from 75% of Democrats and 18% of Republicans.

The Rasmussen Consumer Index reached its highest level ever at 127.0 on January 6, 2004. The all-time low was reached on March 10, 2009 at 54.7.

The Rasmussen Investor Index reached its highest level ever at 150.9 on January 7, 2004. The lowest level ever measured was 52.5 on March 9, 2009.
This is a natural result of (1) since Obama's inauguration, the MSM portrays even the most disastrous economic news in a positive light, and (2) Democrats, as an act of faith, believe that the MSM tells the truth.

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