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Mark Z. Barabak

A Super Economy (for some)

A Super Economy (for some)

A political campaign is about the worst time to have a discussion about economic realities. The party that is out will speak of nothing but looming disaster, while the party that is in will be singing nothing but "Happy Days Are Here Again." And, since our current political system is in a permanent campaign mode, economics never escapes the warp of politics.

The truth is, it is easy for politicians to pick and choose among the facts to support whatever best serves their campaigns because economic news can be good and bad at the same time. I was reminded of this by two stories I read this week.

The first was a piece by my Los Angeles Times colleague Mark Z. Barabak....