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Settling for Mediocrity

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  • Description

    FBN’s Stuart Varney sounds off on the rosy reviews of the economy.

  • Duration 1:36
  • Date

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This transcript is automatically generated

Yeah.

Well you know I did a double take on this one the headline in the Chicago Tribune not to -- not too cold economy.

The jobless rate has just moved all the government reported the economy -- actually contracted.

Hello trust the media and from the White House the -- it told a very different story.

Here's my take on the settling for mediocrity.

That is exactly what we're told.

The recovery is on track slower than we would like yes but still steady.

The president has been putting out this line and most of the media has -- collect food that line.

If the stock market hit new highs it must be a sign that everything's okay riots.

Wrong stocks are up because Ben Bernanke has promised to keep printing dollars when the jobless rate went up it was a sure sign that Ben would pretty minimal so stocks went up some mall.

Let's be clear things I'm not okay.

-- 8% unemployment and zero growth is not okay -- death our debt will hit seventeen trillion this format.

Definitely not okay.

This is -- -- recovery from any recession in three generations.

And to sit back and accept it as if we can't do any bad.

It's just plain wrong.

The president's cheering gallery in the media wants is too simple to settle for and accept the new normal no jobs no growth big debt just like Europe.

Surely we're not gonna go along with this -- -- America's never settled for the mediocre I don't think we should stop now.

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