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Press Briefing by Tony Snow 10/23/06 (Topic: Economic News Coverage)
— Monday, October 23, 2006 —
Q Tony, why the focus on the economy now? It's been hard to get good news on the economy through the doom and gloom on Iraq.
MR. SNOW: Well, it's an amazing thing. You take a look at consumer confidence levels, they're sky rocketing. People are feeling good about the economy. And if you take a look at the news coverage of it, it has been overwhelmingly negative at a time when you do have just an extraordinary situation. Today, at least there has been a high during the trading day once again in the Dow Jones Industrial Average. I don't know where it's going to end up. But the fact is that you have trends that demonstrate that not only is -- the economy has weathered incredible storms. We have built more wealth in the last three years than at any period in our nation's history, period. That's an extraordinary accomplishment in the face of two wars and Katrina, all of which have taken place since then.
Q Has it been hard to pierce the bad news from Iraq with the economy?
MR. SNOW: I don't know. It has been hard to get people to report on it. That's a question to ask you because people doing the reporting are the ones who write the stories.
White House Press Corps | Press Briefing | Tony Snow | News Media | Bush Administration | Economy
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Posted by WhiteHousePressCorps.org @ 7:56:00 PM
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