Limbaugh Causes Double Dip Recession

That is the way I read this post at Legal Insurrection.  In the wake of the Sandra Fluke imbroglio the software security site Carbonite dropped the Rush Limbaugh show, the CEO claiming disgust with Mr Limbaugh's comments (for which Mr Limbaugh later apologized) and perhaps feeling that the Rushmeister's position would be bad for sales.  Here is a report on the efforts of Media Matters and others to strike back at Mr Limbaugh.♠

Now comes Professor Mark Jacobson, the blogmaster at Legal Insurrection, saying that for the completed quarter following the withdrawal of sponsorship the company is not meeting its growth expectations and the stock price has dropped about 15%.

But, there is more to the story.  The CEO of Carbonite, Mr David Friend said that it might have been worse if they had not dropped Mr Limbaugh.  There you have, as The New Englander might say, "Heads I Win, Tails You Lose".♥  No matter what the CEO did, the results would have been bad for the company and for the stock.

If this happened to Carbonite, think of what might have happened to many other companies across the fruited plain.  It seems clear that Mr Limbaugh is responsible for what appears to be a double-dip recession.

And yet he is still there.  Maybe November will change things.  But, it is too early to tell.  In the mean time, the first 45 minutes to an hour of his show is still entertaining.

The hat tip goes from the InstaPundit to The Washington Examiner, and then to Legal Insurrection.  Hyperlinks are GREAT.

Regards  —  Cliff

♠  I wrote the reporter and asked him if he had done a follow-up report.
♥  I note that there is only one comment there and that one pretty cynical, so you might help out and restore balance by commenting at the link.