Economy Continues Growth, Media Ignore Story

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The Drudge Report has a front-page headline about the good news from the economy this morning. The headline links to an extensive story in Bloomberg News covering the economic news in detail. But it seems that for the majority of the media, this is not news that they wish to highlight.
While the New York Times did not appear to consider this news as important as the report on the Viriginia Tech shootings, it did place a link to a short summary of the news on the front page in the 'Other News' section. On the other hand, CNN has so far not even mentioned the good economic news. ABC News has the Chinese toy-recall story placed prominently on their main page, but also seems to have missed the economic news as of 0825 hours Pacific time.
As for the other major news networks, MSNBC does have a link on their front page, stating the 4 percent growth that is the heart of the economic report. Unlike the Times, MSNBC also considered the economic news to be one of their top stories. CBS News considered the Virginia Tech report, a story on an audit of Iraqi leaders and a record temperature in Phoeniz all important enough to be top stories. However, as of 0832 Pacific time this morning, one had to scroll down to 'Economic News' in order to discover that Economy Grows Despite Housing Woes. There is not a single mention of the good news of the 4 percent growth. Fox News has a link under "Latest News' that announces the 4 percent growth numbers. Surprisingly for a supposedly right-wing news outlet, Fox also does not have these numbers as their main headline- that honor was reserved for the GAO Iraq progress report and a story on Senator Hillary Clinton's Chinese money. However, their story was fairly detailed, unlike that of the New York Times.
All in all, it seems that the New York Times, ABC, Fox and MSNBC found the economic news worthy of reporting in some manner, though none of them made it their leading story. However, CNN did not even have a link and CBS buried it as far as they could. One would almost think that the media had some interest in not reporting this news. It is a pity that good news does not get the same press as bad news, but then it would seem that as long as George W. Bush occupies the White House that the media in this country will do their utmost to downplay any postitives.

Cross-posted at StoneHeads.


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So more people are working

So more people are working huh?  Are you sure?  The economy is growing because slowly but surely the US is becoming a third-world nation.  The dollar continues to fall which means that goods produced in the US are cheaper.  And prices are going up, oil ain't getting cheaper and either is milk.  So while more people will be working, they will be making less money and spending more.  So sure the economoy continues to grow, but this kind of growth only benefits the stock holders and the hedgefunders.

 

"No one ever went broke underestimating the intelligence of the American Public."

-H.L. Mencken

You must

work for or support one of the Democrat candidates...gloom and doom...ALWAYS gloom and doom!!!!

You need to get out of the

You need to get out of the USA, at least once in your life, and have a look around.  Oh snap!  You can't afford to go to Europe anymore!  So go to a third world country  where, guess what? It actually makes teh USA look good!

 

"No one ever went broke underestimating the intelligence of the American Public."

-H.L. Mencken

You need to get out of the

You need to get out of the USA, at least once in your life, and have a look around.  Oh snap!  You can't afford to go to Europe anymore!  So go to a third world country  where, guess what? It actually makes teh USA look good!

So when are you moving to one of these third world countries? Oh, snap! You were just dealing in hyperbole.

I hold these truths to be self evident

Well damn if the US is becoming a third world country, then who exactly are the developed nations?

The key word is "becoming"

The key word is "becoming" or do you read only what you want to read?

 

"No one ever went broke underestimating the intelligence of the American Public."

-H.L. Mencken

i travel bud - and the US

i travel bud - and the US has quite a ways to go on this yet...

Obviously, you haven't been

Obviously, you haven't been to L.A. or NYC lately.  Plus all you people who rile against illegal immigration, well... what do you think is happening?  These aren't 12 million educated people from first world countries?  These are poor uneducated folk who have one thing in mind - to make money.  Now do not think that these 12 million poor saps out there are not affecting the way the rest of us live.  They are.  They make it more of a rat race for everyone.  And thier culture and attitude towards life rubs off on all of American society!

"No one ever went broke underestimating the intelligence of the American Public."

-H.L. Mencken

Republicando Your mom called

Your mom called...she said you always get cranky when you're bombarded with the truth, and to tell you to take a nap before your head explodes.

Your mom called...

she said you that you are havng Mac N Cheese...you know what that means?...Garlic Bread

Hey LionKing and Third eye,

Hey LionKing and Third eye, you missed teh short bus,  now stay at home and pleasure yourself looking at that poster of Tom Delay. 

"No one ever went broke underestimating the intelligence of the American Public."

-H.L. Mencken

troll débutante...wrong again

Another bad assumption on your part. I know your response was anecdotal, but not everyone engages in masturbation when the truth slaps them in the face. Also, while I respect Tom DeLay, not being homosexual, he does not arouse me...I am sure that he would find it creepy though that you get aroused by his poster.

[ It truly has been a "coming-out" for Republicando. ]

What about those naked

What about those naked pictures of Janet Reno your mom found under your mattress???

oops

duplicate posts

Does reality even enter into any of your theories?

"The economy is growing because slowly but surely the US is becoming a third-world nation."

This doesn't even make sense. I guess that in your world Bangledesh has the highest GDP?

"The dollar continues to fall which means that goods produced in the US are cheaper."

It also means that imports get more expensive. That leads to the US selling more goods to other countries and US consumers buying less imported goods. It's one of the reasons why the trade deficit is shrinking latley.

"So sure the economoy continues to grow, but this kind of growth only benefits the stock holders and the hedgefunders."

News flash: With more people than ever investing in 401k funds, mutual funds, etc., 60% of the US population is invested in the stock market.

 

The day that "politician" became a career choice is the day we started losing the Republic

consumer confidence

The MSM has consumer confidence going south once again - reporting on 4% growth might put that trend in jepordy. (;~>

What are they going to do when he's gone????

"...One would almost think that the media had some interest in not reporting this news. It is a pity that good news does not get the same press as bad news, but then it would seem that as long as George W. Bush occupies the White House that the media in this country will do their utmost to downplay any postitives."

============================

If a Democrat wins, we will then hear all kinds of good news. Even if it is the result of taxcuts etc that have occurred over the previous 8 years, it will be all to the glory of the new Democrat president.

If a Republican wins, I'm afraid it will be just more of the same...and whenever possible, will be blamed on the previous 8 years of GWB!!

We just can't win as far as the msm is concerned!  Just in case anyone thinks there is no media "agenda"

Thank heavens for Drudge / Newsbusters / Town Hall etc!!!

Ecomony grows at 4%

I think I might get it now.

 When all the major alphabet networks and cable kooks don't have a unison headline and lead, and they all go their separate ways, it not a bash Bush on the frontpage day, since there is actually good news for Bush they are hiding.

 So, the thing to do when watching the newscasts and channel surfing would be to see when they're all doing something different on their leads, then hunt for the buried good news for republicans and Bush.

 I wonder how that goes in between the newsrooms:

" Did you hear the economy is up ?"

" Yes, but were going with Chinese toys."

" Good. We've decided to do a follow up on serial killers instead. This war is making people act out."

" Yeah, and our other sister is going with rising gas prices and road rage."

" Sweet. I can't believe the economy is good anyway with the war using up all our resources and money. I wouldn't want to lead with the lie Bush tells us, "economy grows".

" Ok, well we get another pick and choose day. Tomorrow we all denounce Roves legacy again, ok ?"

" Sounds good, see ya at the gang of 500 lead video-briefing."

It's widely known that

It's widely known that liberals have a reality bias.