The ABC World News cheered Tuesday's "breakthrough" debt deal with nary a mention of the rising national debt.
The House voted to raise the debt limit with no conditions, yet ABC cast the development as entirely positive. Correspondent Jeff Zeleny hailed the move as "a huge breakthrough for the dysfunction that really has held this capital hostage for nearly three years."
This past Monday, Andrew Theen at the Oregonian reported that "Trader Joe's is backing away from a development in Northeast Portland," citing, in the company's words, "negative reactions from the community."
Actually, the vast majority of "the community" wanted the grocery chain to build in the once bustling but now troubled area. Theen quoted Portland's "city leaders" as calling the decision "a loss for the city and particularly for Northeast Portland." Neighbors and business owners in the area, described here as "once the heart of Portland’s African-American community," had been "thrilled" about the project. It's people who largely aren't part of that community who opposed the deal. On Friday, as will be seen after the jump, Theen had a chance to fully expose the radical, backward-looking grievance mongers who stopped progress, and to a significant extent blew it.
Leftist delusions can be amazing things. One of them is that the financial deck is stacked against their candidates and causes.
Reid Wilson at the Washington Post attempted to explain it all on Friday. On the plus side, at least he didn't try to pretend, as Evan Halper at the Los Angeles Times did in late December, that there's no one donating to Democrats and progressive causes with the financial clout of the Koch brothers except billionaire and relative newbie activist Tom Steyer. But while Wilson recognized the existence of large Dem donors, he bemoaned the fact that they are supposedly not as well organized, and that their motives, unlike the Kochs, are pure. Really (bolds are mine):
One of the more annoying aspects of business press reporting is its participants' singular focus on seasonally adjusted data to the exclusion of the underlying figures.
Many reports on the economy at least tag the figures reported as seasonally adjusted; but there seems to be a trend away from doing even that. For example, the Associated Press has routinely labeled weekly initial jobless claims as seasonally adjusted (examples from about a year ago are here, here, and here), but Thursday's adjusted claims figure of 331,000 and the 348,000 from a week earlier went unlabeled (as seen here and here, respectively). Additionally, none of the three main wire services (AP, Bloomberg, Reuters) described yesterday's reported increase in employment as "seasonally adjusted" (though the AP's Christopher Rugaber did report that the unemployment rate of 6.6 percent was seasonally adjusted). In failing to do so, they all were in essence telling readers that the economy really added 113,000 jobs in January. The truth is that it lost over 2.8 million of them:
Ken Shepherd at NewsBusters made reference Tuesday to an Associated Press story headline ("Modest drop in full-time work seen from health law") indicating that the outfit I prefer to call the Administration's Press is furiously spinning in reaction to Tuesday's report from the Congressional Budget Office projecting that Obamacare will reduce full-time-equivalent employment from what it would have been without the law by 2.5 million over the next 10 years.
The underlying content of the story Ken referenced is weak, as is Calvin Woodward's longer "fact check" ("ANTI-OBAMACARE CHORUS IS OFF KEY") currently carrying an early Thursday time stamp. Woodward's piece is especially troubling in how it seems to treat work as a curse instead of a necessary component of societal progress. But let's first look at the full "modest drop" dispatch.
Yesterday afternoon three red state Democratic senators -- plus Rep. John Barrow (D-Ga.) -- joined a number of Republican legislators and the Canadian ambassador to the United States at a press conference called to publicly press President Obama to approve the long-delayed Keystone XL oil pipeline.
Such a show of bipartisan and international agreement on an economic-development issue is surely worthy of attention by the broadcast news media, and yet ABC, CBS, and NBC all ignored the development on both the February 4 evening newscasts and the February 5 morning news shows. Here's how Matthew Daly of the Associated Press reported the development in his Tuesday afternoon piece, "Broad coalition backs Keystone XL oil pipeline" (emphasis mine):
Liberal MSNBC anchor Ed Shultz incurred the wrath of his left-wing audience when he publicly came out in support of the construction of the Keystone pipeline. The host on Wednesday took the step of reading angry tweets on the Ed Show and responding to them. Aware that he was daring to leave the liberal reservation on this one issue, Schultz called the pipeline "controversial" and began, " Now, I know a lot of my viewers are surprised at my position on this." [See video below. MP3 audio here.]
The anchor quoted one tweet from a viewer who demanded, "We need to stop all oil and gas extraction." Schultz retorted, "Well, my response to that is the hard cold truth is the United States is an oil and gas dependent country and we're going to be for the foreseeable future." In the unfamiliar role of fending off liberal rage, he continued, "And I think it really is a disservice to the conversation and the debate to take an all-or-nothing approach to this." In a final jab at his critics, Schultz concluded, "We're not really confronting reality here."
Following White House talking points to the letter on Wednesday's The Daily Rundown on MSNBC, host Chuck Todd bemoaned how "Republicans immediately seized on" the Congressional Budget Office report on ObamaCare costing the economy over 2 million jobs "and spun it the way they want to spin it." He fretted that Democrats would have a tough time defending ObamaCare "in the world of sound bites and 30-second TV ads." [Listen to the audio or watch the video after the jump]
Talking to former CBO director Doug Holtz-Eakin minutes later, Todd complained: "On health care, a lot of your Republican friends are taking it [the CBO report] and calling it – it is an unfair statement to – they should not be saying this is costing 2 million jobs, is that right?"
While both CBS This Morning and ABC's Good Morning America both managed some air time on Wednesday to cover a new Congressional Budget Office report showing ObamaCare will cost the American economy about 2.5 million jobs, NBC's Today couldn't be bothered to mention the troubling news.
The NBC morning show did have time to provide a three-minute report on the latest bad behavior by pop star Justin Bieber, over a minute of coverage to the mascots for the upcoming Olympic games, and over a minute showing viewers how to play the new Flappy Birds game app on their phones.
Give Sam Stein credit for being an honest liberal. Confronted with the CBO's findings about the disastrous job-killing effects of Obamacare, Stein didn't try to spin the unspinnable.
On today's Morning Joe, Donnie Deutsch invited Stein to play a game of Mad Men. Deutsch first sketched out a 30-second ad making the case against Obamacare--that contrary to what President Obama had said, you can't choose your provider and the program costs the country two million jobs. Deutsch then invited Stein to give the 30-second ad in response. Said Stein, much to the amusement of the panel: "The 30-second response is something like: 'Please change the subject to something else.' What do you want me to say?" View the video after the jump.
On Tuesday evening, the networks played to the White House spin that ObamaCare won't cut jobs since those expected to move from full-time to part-time work would do so voluntarily.
"We got a report today about ObamaCare that was both surprising and widely misunderstood," CBS anchor Scott Pelley introduced the CBO report that estimates ObamaCare will trim about 2 million full-time jobs by 2017. Pelley cautioned that "Those aren't necessarily jobs being lost. They're also workers choosing to work less." [Video below the break. Audio here.]
The nonpartisan Congressional Budget Office released a report this morning projecting among other things, that 2.5 million Americans will drop out of full-time work thanks to ObamaCare. We will, of course, track how the broadcast networks cover this story, but if the news websites for ABC, CBS, and NBC are any indication, they will downplay and/or heavily spin this development.
For its part, for example, ABCNews.com teased a February 4 AP story with the headline "Modest Drop in Full-Time Work Seen From Health Law" in their "latest news" sidebar. By contrast, CBSNews.com was front and center with the CBO story, their teaser headline declaring, "New report stokes debate on Obamacare, jobs" [see screen captures below page break]
CBS This Morning on Tuesday was the only network program to show an interest in the "massive" spending of the "seriously flawed" farm bill. Not only did reporter Sharyl Atkisson investigate the legislation moving through the Senate, she repeatedly featured Tom Schatz of the Citizens for Government Waste.
Attkisson explained how the group has identified spending in the bill which will "actually hurt consumers." The journalist mentioned the "new 15 cent fee on every live cut Christmas tree sold to create a board to promoting Christmas trees." She continued, "The bill also increases spending to $200 million a year for a program to promote agriculture and past years's tax dollars were used to pay for a reality TV show in India to promote cotton." [See video below. MP3 audio here.] Neither NBC's Today, nor ABC's Good Morning America found time for this story.
In spite of the massive half-trillion dollar price tag, the farm bill didn’t get much attention from the broadcast network news shows, although a compromise version may get congressional approval very soon.
Since Jan. 1, 2013, when they reported that the nation was facing a “milk cliff” in which dairy prices would skyrocket if a farm bill wasn’t passed, ABC, CBS and NBC network news programs only mentioned “farm bill” in 20 reports. The vast majority (16 stories) of those reports aired on CBS.
After opening the day at about the same level as Friday's close, the three major U.S. stock indices fell by over 2 percent Monday (DJIA, -2.08%; S&P 500, -2.28%; NASDAQ, -2.61%).
About half of the rout took place in the first 30 minutes after the 10:00 a.m. release of two reports, one on manufacturing activity and the other on construction spending. The former, from the Institute for Supply Management, showed that its January Manufacturing Index came in at a mildly expansive 51.3% (any reading over 50% indicates expansion), down by over 5 percentage points from December and missing expectations by 4.7 points. The latter, from the Census Bureau, showed that seasonally adjusted construction activity barely budged in December. The market's decline continued throughout the rest of the day as disappointing news on January car sales rolled in. As will be seen after the jump, inclement January weather got a disproportionate share of the blame in the business press for these really weak results — an explanation which clearly didn't impress the markets.
Salon.com apparently get can't get enough of former Occupy Wall Street participants, as the website featured far-left "journalist" Jesse Myerson on Sunday. Myerson, who infamously pushed for socialism in a January 2014 piece in Rolling Stone, listed seven supposed "huge misconceptions" about communism, and tried to whitewash the tens of millions butchered in the name of the discredited ideology.
The left-wing website's Twitter account heralded the writer's piece as "the best possible way to shut down your right-wing colleague railing against the ills of communism." Myerson, who includes a #FULLCOMMUNISM hashtag on his own Twitter profile, offered his beyond optimistic vision for a Marxist future:
John Merline at Investor’s Business Daily reported Monday that the hot media topics of income inequality and immigration are “are wildly out of touch with the American public, according to the latest IBD/TIPP Poll.”
When asked which should be a top priority of the president and Congress, 49 percent said the economy and jobs. Another 16 percent picked the national debt, and nine percent named national security. Just 6 percent picked either immigration or income inequality:
On Friday's All In show, MSNBC host Chris Hayes gave a commentary opposing the Keystone pipeline as he compared America's use of oil to "drug addiction," and pushed the far left idea of leaving 80 percent of the world's oil reserves untapped to supposedly prevent the world's temperature from increasing.
The MSNBC host suggested that conservatives are like addicts who are in denial, with liberals as addicts who want to change but can't.
David Gregory decided to play liberal activist Sunday morning and took off his journalist hat during an interview with White House Chief of Staff Denis McDonough.
The NBC host expressed dissatisfaction that President Obama hadn’t received the credit he’d apparently been owed from both the media and the American public and complained to McDonough about “wonder why the president doesn't get more credit for an economy that is rebounding? What’s the disconnect there?” [See video below.]
In yet another negative milestone for the bailouts that supposedly saved the U.S. auto industry — already a hard-to-handle claim given that Chrysler, one of the two beneficiaries, is now 100% owned by an Italian company — Volkswagen has surpassed General Motors as the world's number two automaker behind Toyota.
The reporting on this development has been quite sparse. It's not news at the Associated Press's national site, even though AP mentions VW in a report on Super Bowl ad and social media strategies. At USA Today, James R. Healey's could easily have inserted the news into his story today on the 65th anniversary of the VW Beetle's first arrival here, and didn't. What follows is an excerpt from Expatica, one of the few publications to note the shakeup in the auto industry hierarchy:
The Associated Press, Bloomberg and Reuters all focused on the supposedly positive news of increased consumption reported in today's "Personal Income and Outlays" release from the government's Bureau of Economic Analysis. In the process, two of the three ignored a particulary dreadful statistic about disposable income, while the third (Bloomberg) misinterpreted its meaning.
The dire statistic is the year-over-year comparison of monthly disposable income, which took a deep dive in December, turning in the worst year-over year performance as seen here, in 40 years:
On her Thursday 1 p.m. ET MSNBC show, host Andrea Mitchell gushed over NBC News special anchor Maria Shriver's political activism as "the force behind the influential Shriver Report about women and poverty in America": "Maria, my God, what you have started, what you have launched here....Equal pay for women...you went and you talked to the President about before his State of the Union, when he was still writing it. And he delivered in terms of addressing that." [Listen to the audio or watch the video after jump]
Mitchell eagerly touted Obama continuing to push the issue on the road: "...just within the last hour, he's done it again. This is the President in Wisconsin today. Let's watch." A clip was played of Obama declaring: "Today women make up half of our workforce, they're making 77 cents for every dollar a man earns. That's wrong.... It's an embarrassment." Following the sound bite, Shriver declared: "Amen." Mitchell excitedly proclaimed: "Maria Shriver, take a bow, let's talk about what you've started here."
Today, President Obama is going to ask a group of private-sector companies to help him try to solve a problem his administration's policies have seriously worsened, namely long-term unemployment.
Of course, that's not how Josh Lederman at the Associated Press, aka the Administration's Press, framed the situation. All he would concede is that "long-term joblessness in the U.S. remains a major problem." After the jump, in two graphs from the St. Louis Federal Reserve, we'll see the frightening level of long-term unemployment Obama's economic policies have created – and how the horrid numbers have failed to come down significantly in the 4-1/2 years since the recession officially ended.
You really have to listen to Mika Brzezinski's voice rising as if in a question as she pronounces the very last word in an excerpt from a Wall Street Journal column—and watch the expression on her face—to appreciate how utterly baffled, befuddled and bewildered she seems by the simple notion that increasing the cost of hiring motivates employers to automate their operations.
The column, "The Employee of the Month Has a Battery," noted that restaurant chains like Chili's are introducing tabletop ordering devices and eliminating server positions. Author Michael Saltsman makes the incontrovertible argument that "policy makers are encouraging the switch to technology by increasing the cost of hiring." But just listen to Mika pronounce that last word, and watch the ensuing expression on her face, to see how the notion leaves her at a complete loss. View the video after the jump.
For some liberals in the media, working to ensure equality of opportunity just isn’t enough. They want to see every American achieve an equal outcome and government have an active role in redistribution of wealth.
That there was even one item in the "far-left" search just noted is unusual. It's even more remarkable that the underlying report was written by Steve Peoples, a far-lefty disguised as a reporter if there ever was one. Excerpts from his Wednesday dispatch follow the jump.
In his Tuesday night State of the Union speech, President Barack Obama made the following pledge: "In the coming weeks, I will issue an Executive Order requiring federal contractors to pay their federally-funded employees a fair wage of at least $10.10 an hour – because if you cook our troops’ meals or wash their dishes, you shouldn’t have to live in poverty."
One would have every reason to believe from Obama's statement that the change will take effect quickly once the EO is issued — but it won't. Additionally, one would have every reason to believe that when it does take effect, it will increase the pay of anyone currently employed on federal contract work at a pay rate of under $10.10 per hour — but it won't do that either. Somehow, those "little" problems escaped "fact checkers" Josh Gerstein and Darren Samuelsohn at the Politico, who, while they did catch other problems with the President's statement, swallowed a clearly false claim about its long-term impact:
The networks played right into President Obama's hand Wednesday evening as they touted his push for a minimum wage increase while giving barely any voice to his Republican opposition.
"[T]he President was out there hitting that 'give America a raise' theme hard today in campaign-style events both in Pennsylvania and in Maryland," noted ABC News White House correspondent Jonathan Karl. "Does that idea have a snowball's chance?" asked CBS News anchor Scott Pelley about the minimum wage increase.
Minutes before the President began his State of the Union address Tuesday night, hosts on ABC, NBC, and CBS all worried that Obama was not getting the "credit" he deserved for how well the economy was supposedly doing. [Listen to the audio or watch the video after the jump]
Talking to former Obama advisor David Plouffe during ABC's live coverage of the speech, Good Morning America host George Stephanopoulos argued: "...one of the real puzzles the President has to solve tonight, the economy, doing about as well as it's ever done in his presidency, as he comes into the chamber tonight, but most people don't believe it and don't give him credit for it."