This looks like an attack ad, but it was paid for and produced by the “fair and balanced” cable channel Fox News:
Fox just pulled the clip off its own websites without explanation.
I’m guessing the explanation is even Republican presidential candidate Mitt Romney admits the economy has improved since President Obama took office. (Though Romney argues that the economy would have recovered faster had Obama engineered more tax cuts for the nation’s millionaires and billionaires.)
I also know the stock market has rocketed upward beacuse my 401k has MORE THAN FUCKING DOUBLED in value since Obama took office.
The wildly misleading piece, with its “then” and “now” arguments, also fails to mention that the economy actually cratered under the wild spending of the George W. Bush administration -- before it began its recovery under Obama, whom I credit with dodging a Second Great Depression thanks to his -- and the then-Democratically controlled Congress’ -- costly early-term bailouts.
“Even I am shocked by how blatantly Fox is throwing off any pretense of being a journalistic entity with videos like this,” wrote Baltimore Sun TV critic David Zurawik.
A CNN job offer to the producer behind the piece was reportedly rescinded Thursday.
Find The New York Times’ story on the matter here.