Actual CNN Headline: "US Economy Shrinks, But It's Not a Big Deal"
May 29, 2014
RUSH: I have a headline from CNN.
Have you heard about the economic news today? The first quarter economic growth was revised. The originally reported number -- ahem, ahem -- for economic growth was one-tenth of 1%. That's the original reported number back in April, and they have revised it now to a negative number. US economic growth in the first quarter contracted; the economy didn't grow at all.
It got smaller. It shrank. Would you like me to share with you CNN's headline? "US Economy Shrinks, But It's Not a Big Deal." Yes, "US Economy Shrinks, But It's Not a Big Deal," and the reason why is because it was the weather that made it shrink. It was all of this unseasonably cold weather brought on by global warming. That caused there to be a cutback in economic activity or commerce. So it's really not a big deal. It's the same thing with the CIA station chief in Kabul who's been outed. All of the Drive-Bys are reporting it, but they're saying it's not really a big deal. It was just a faux pas.