Top Two Biased Reports of the Week - Economy and Business Division
Runner Up
One of the Associated Press's earliest articles following Friday morning's release of the government's Employment Report, which showed July's unemployment ticking up 0.1% to 4.6% and new jobs increasing by 92,000, had this outrageous paragraph (backup link is here in case the article is revised or removed; bolds are mine):
Construction companies slashed 12,000 jobs in July.…
TV Anchors Make Millions, But Still Attack the Rich
Let them eat cake – because we are too.Our TV network media personalities really want you to believe they can relate to the average American. After all, when you’re a high-minded soldier fighting on the side of the proletariat, it’s important to be a victim of the economic injustices you bring to light, right?Not so fast. It turns out some of the most prominent journalists are doing quite well,…
Translating the AP's Coverage of Today's Consumer Confidence Report
Here's the opening of today's Associated Press report about the July Consumer Confidence Index (bolds are mine): Consumer confidence hit a six-year high in July, a widely watched gauge of sentiment showed on Tuesday, as Americans shrugged off falling home prices to focus on a healthy jobs market, instead. The New York-based Conference Board said that its Consumer Confidence Index, rebounded to…
GDP Growth Downplayed, Real Income Growth Ignored by the Nets' Evening
Expanding on Media Research Center's July 30 CyberAlert and a similar post at NewsBusters (bold is mine): Nets Barely Notice Surge in GDP as They Focus on Dow Plunge The ABC, CBS and NBC evening newscasts on Friday all devoted full stories to the fall in the stock market, touted as "the worst two-day point drop for the Dow in five years," but barely had time for a sentence about the 3.4 percent…
Gloom & Doomers: Despite Good Numbers, Times & Globe Talk Down Economy
Last week's economic report couldn't have been much rosier. The economy grew at a faster-than-expected rate, faster than any time in over a year. But far from sparking runaway prices, inflation actually moderated. But that didn't stop the Axis of Gloom, AKA the New York Times and its Beantown subsidiary the Boston Globe from publishing op-ed items this morning finding the cloud on the silver…
Michael Moore's New Health Care Solution: Coercion
In addition to insisting the U.S. needs universal health insurance, Michael Moore introduced another plan to help Americans on "The Tonight Show with Jay Leno" July 26.He urged audience members to use threats and intimidation with his new "SiCKO health care card:"
