Wednesday, August 27, 2008

SLOTS BENNETT AND STEPHEN MOORE

UPDATE: Moore is correct that incomes rose between 2006 and 2007 but this is a misleading way of presenting the information.

Moore is now a senior economics writer and on the editorial board of the WSJ. Before that, he founded and was the first president of the Club for Growth and later became president of the Free Enterprise Fund. Basically, a high-ranking member of the Church of the Free Market Fairy.

On Bennett's show, he tried to talk up the Bush economy but was forced to LIE. He said that incomes rose 1.2% last when in fact that 1.2% was the growth since 2000. He also claimed that all the gains went to the middle class when 42% of the income gains went to the top 0.25%.

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