"Workers Exploited Under Bush!' Check Facts Before Presses Stop.(ISSUES & INSIGHTS)(PERSPECTIVE)

Publication: Investor's Business Daily

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COPYRIGHT 2004 Investor's Business Daily, Inc.

Byline: ALAN REYNOLDS

In those desperate last days before the election, liberal advocacy groups even managed to sneak political propaganda into routine business news, of all places. In an article ostensibly reporting facts about economic growth, The Washington Post managed to insert the following tidbit:

The liberal Center for Budget and Policy Priorities noted that the share of the economy going to wages and salaries has slipped from 49.5% when Bush came to office to 45.4% in the third quarter of 2004, even as corporate profits have risen as a share of the gross domestic product over that time, from 7.8% to 10.1%.

The unsubtle suggestion was that the downtrodden working class has been systematically exploited by greedy capitalists since "Bush came to office." But these statistics, like many others in the partisan press, were incredibly...

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