Stagnation

The economy contracts and the media assure us it’s just due to “temporary factors.” Jobless claims jump and it’s still “within the range of employment growth.” Why do the media feel so constrained to spin bad economic news as good for this president? Even if you want to go along with the spin, and I don’t, the fact remains that this is the worst recovery since World War II. Though the nominal jobless rate is the same as when Barack Obama took office–some achievement, that–the fact is that millions fewer people are working, and millions more are on food stamps, disability, and unemployment. We are going nowhere fast, except to perpetual, European-style stagnation.

About Stan Guthrie

Stan Guthrie is an editor at large for Christianity Today magazine and for the Chuck Colson Center for Christian Worldview. His latest book is God's Story in 66 Verses. He also is author of All that Jesus Asks: How His Questions Can Teach and Transform Us, Missions in the Third Millennium: 21 Key Trends for the 21st Century, and A Concise Guide to Bible Prophecy. He is co-author of The Sacrament of Evangelism. Besides authoring, writing, and editing books, Stan is a literary agent, bringing together good authors, good books, and good publishers. Stan writes the monthly Priorities colum for BreakPoint.org. He has appeared on National Public Radio's €œTell Me More,€ WGN's Milt Rosenberg program, and many Christian shows, including The Eric Metaxas Show and Moody Radio'€™s €œNew Day Florida.€ A licensed minister and an inspirational speaker, he served as moderator for the Christian Book Expo panel discussion, Does the God of Christianity Exist, and What Difference Does It Make?
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