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The Best of Notable Quotables; December 25, 1989

Vol. Two; No. 26

Which Way Is It? The Economy



"Good evening. A double dose of worrisome economic statistics tonight from the government: inflation, with its highest quarterly gain in two years; home building, sharply down. That left some economists alarmed."

-- Dan Rather opening the April 18 CBS Evening News.


versus...


"This country’s economic expansion has now entered its seventh year and the Joint Economic Committee of Congress says still more growth can be expected. It warned, however, that this growth could be threatened by huge budget deficits and renewed inflation. But, the inflation news today is reassuring."

-- Tom Brokaw on NBC Nightly News, same night.

Runners-Up:

“Economy expanding, slightly stronger”

-- Washington Times, June 23

“GNP Figures Indicate a Slowdown”

-- Washington Post, same day

“Poverty Level Stabilizes at 31 Million”

-- Washington Post, October 19

“Number of Nation’s Poor Remains at 32 Million for a Second Year”

-- New York Times, same day

“Per capita income up, but experts say poor get poorer”

-- Chicago Tribune, same day

“Number of poor fell, Census Bureau says”

-- Washington Times, same day

“Economic expansion skips the poor”

-- Boston Globe, same day

“New method to count poor: Census report makes ‘em disappear”

-- New York Daily News, same day