There has been a running gag on the right that every time bad economic news comes out, the MSM prefaces it with the word “unexpectedly.”
- U.S. Consumer Confidence Unexpectedly Declines to 63.8 from 71.5 in Index
- Asian Stocks fell as U.S. Unemployment unexpectedly increased
- New York Area Manufacturing Unexpectedly Shrank in July
- Consumer Spending in U.S. Unexpectedly Stagnated in May as Prices Climbed
- An unexpectedly weak jobs report Friday hardened the already deep divide between Democrats and Republicans over the debt limit ahead of a critical negotiating session this weekend.
And that’s just from the last 30 days.
At least a dozen states ended fiscal 2011 with surpluses. Indiana reported one of the largest, with an extra $1.2 billion in its accounts. Gov. Mitch Daniels, a Republican, on Friday authorized bonus payments of up to $1,000 for state employees. An employee who “meets expectations” will get $500, and those who “exceed expectations” will receive $750; “outstanding workers” will see an extra $1,000 in their August paychecks.
Look at the states with surpluses from this story: Arkansas, Idaho, Indiana, Iowa, Maine, Ohio, and South Carolina. You will find a common thread in almost all of them. Can you guess what it is?
With the exception of Arkansas, all of these states have Republican Governors.
I guess that would explain the lack of the word “unexpected,” wouldn’t it?
(image via Serr8d’s cutting edge)