Video: Economic turnaround?

(By Ed Morrissey, Hot Air) - As the saying goes, when your neighbor loses his job, it’s a recession, but when you lose yours, it’s a depression. When Debbie Wasserman-Schultz got a new job as chair of the Democratic National Committee, it became an “economic turnaround.” And when the RNC saw how Wasserman-Schultz handled herself in the media, it became 'boom times indeed' for the GOP. Yesterday the Republican Party issued another in its series of ads featuring the ridiculous claims of economic turnaround while unemployment has gone up rather than down the last two months, economic indicators are all declining, and Wall Street has its arms wrapped firmly around its capital waiting for the regulatory storm to abate. Heck, not even David Gregory bought 'this' line: