Full steam ahead?

Here's another good read from blogger Star A. Decise at The Enigmatic Paradox, about an economy that our President proudly (and misleadingly) claims will continue "into 2006 with a full head of steam." Money quote:

It's cliched that statistics don't lie but liars use statistics. This chestnut came to mind today as the Bush administration launched a full-court, nationwide campaign to promote its economic record and tax cutting agenda.

The administration does have a glossy numerical patina to crow about in its headline-grabbing talking points. But the underlying economic trends, which show growth largely limited to the rich, are more sobering. It's even fair to say the country is mired in a recession.