Here’s the first line from a Time Magazine online article regarding consumer spending today:

“Consumers opened their wallets and pocketbooks a bit more in June, increasing their spending for the second straight month while saving a bit less, even as incomes fell sharply.”

Great news, right? Consumers are spending more and that means that 2/3rds of the economy will increase in activity. Maybe that gets us out of the recession?

The problem is, that above sentence is only accurate if you are an unthinking Obama-loving drone who doesn’t have an ounce of critical thought in his brain.

Read what the Wall Street Journal had to say about it: Wall Street Journal article

Here we see that adjusted for inflation, consumer spending decreased by 0.1%. The main reason consumer spending rose? INFLATION. That’s bad news, folks. But the liberal media refuses to admit that anything might be going wrong in the economy. Personal income decreased, and prices for essential goods like gasoline rose dramatically. The consumer spending report was actually very bad news.

Basically, you can no longer trust what you read on CNN, Time, MSNBC or the New York Times. They are blatant Obama cheerleaders who will say that things are going great as the country burns so long as Obama is President. Let’s see what they have to say about the unemployment report tomorrow. I imagine the headline will be something like: “Majority of Americans Still Have Jobs, Isn’t That Great!”

All of have to say is, at least we at Right Pundits admit our bias. Time should be called “Obama Pundits.”