Not News: January's Raw Job Losses Were the Third-Worst on Record

February 9th, 2016 8:56 AM
On Friday, in its January Employment Situation Summary, the government's Bureau of Labor Statistics served up a stack of lemons disguised as lemonade. President Barack Obama declared in a tweet that "We've recovered from the worst economic crisis since the 1930s," and the press dutifully fell in line. The BLS reported that the economy added seasonally adjusted 151,000 payroll jobs and that the…

Experts: Job Spike Mostly Part-timers, Home-Based Jobs

October 5th, 2012 1:24 PM
With almost exactly one month left till the election, the government reported Oct. 5 the unemployment rate plummeted to 7.8 percent in September. While media outlets like The New York Times called the number “unexpected good news for Obama,” both liberal and conservative economists were quick to tear it apart. The labor force jumped in one of the two government employment surveys – “the…

CNN's Crowley Does Two Segments on Jobs Numbers Without Mentioning Plu

February 5th, 2012 2:58 PM
When I saw CNN's Candy Crowley on Sunday tease an upcoming State of the Union segment saying she'd be discussing Friday's unemployment report after a commercial break, I was hoping to see a complete analysis of the data provided by the Bureau of Labor Statistics. Much to my shock and dismay, although she and her guests discussed the economy and the jobs market for eight minutes over two…

Amanpour Pushes Back When Guest Says Obama Isn't Ideologically Flexibl

September 4th, 2011 2:46 PM
It appears one should never say in Christiane Amanpour's presence Barack Obama isn't ideologically flexible. When former Congressional Budget Office director Douglas Holtz-Eakin did so on ABC's "This Week" Sunday, the host pushed back, "Do you think that’s true that he hasn’t shown flexibility since he's, he’s sort of come completely to the Republican tenor of the debate?" (video follows with…

Health Care Cost Estimates Challenged, But Media Skip Criticism of 'No

January 17th, 2011 10:37 AM
- Since Obama took office, only 16 percent of health care stories mentioning the Congressional Budget Office (CBO) included any criticism of their accounting, despite criticism from many conservative and libertarian experts as well as the former head of CBO. - Networks reporters and guests emphasized the CBO's integrity calling them "non-partisan," "independent" and the "referee" or "…

NBC Takes Dig at McCain Tech-Savvy, Distorts Adviser’s Blackberry Co

September 17th, 2008 12:03 PM
Republican presidential nominee Sen. John McCain, Ariz., has acknowledged his technological shortcomings, but some in the media continue to portray him as a techno-phobe with no meaningful contributions to that sector of the economy. The September 16 "NBC Nightly News" examined McCain's rhetoric on the campaign trail in the wake of a serious banking crisis.  Correspondent Kelly O'Donnell…

Caruso-Cabrera Jabs Obama Camp Again – 'They Want to Cite the Almigh

August 15th, 2008 12:06 PM
Perhaps the media's Obama lovefest isn't as infectious as previously thought - at least in some corners of the financial media. For the second day in a row CNBC's Michelle Caruso-Cabrera noted low taxes - a conservative economic ideal - trumps those of the left, both economically and politically. Caruso-Cabrera and "Squawk Box" co-anchor Joe Kernan interviewed Douglas Holtz-Eakin, the chief…