RedState.org, around Halloween:
All in all, the economy is booming at a rate comparable to the late 1990s. And yet the media continues to report it as if we are about to fall off a cliff and that things are getting worse by the day. That is poor reporting and it is affecting how the public perceives the overall state of the economy.
Meanwhile, in the reality-based community:
(12/08/05 -- RALEIGH) - Nearly half of the families with children in the state don't earn enough to pay for basic living expenses, according to a biennial report released Thursday by an advocacy group seeking economic assistance for the poor.
The report by the North Carolina Budget and Tax Center
determined that 521,630 families with children, or 49.1 percent of
the state, can't make ends meet based on "living income
The living income standards, based on U.S. Census and other
figures and developed in part with the Economic Policy Institute in
Washington, are the earnings levels equal to the true costs of
being self-sufficient in urban or rural North Carolina.
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