California Dragging, Wolverine Woes Mask Otherwise Decent Jobs Situati
May 16th, 2008 12:34 PM
How different do you think Americans' take on the current economy would be if the business press picked up on the fact that the bad employment news is coming predominantly out of two struggling states -- and that most of the rest of the nation is holding its own? That's the question that occurred to me as I looked at April's Bureau of Labor Statistics regional and state employment and…
More Military Doom and Gloom from AP
May 13th, 2008 12:08 PM
Amid talk among the mainstream media of a sinking economy in which the elderly must live in vans and others cannot afford to drive 35 miles to church on Sundays, the Associated Press did note a drop in unemployment from 2006 to 2007. But even that news was buried in a story about the military and was used to explain trouble had in meeting recruiting goals. On May 13, an AP story by writer Anne…
AP: 'Good Economic News Something of a Mirage
May 10th, 2008 4:57 PM
In the past several months, NewsBusters has seriously questioned the reporting of the Associated Press's Jeannine Aversa given her proclivity to misrepresent economic data.On Saturday, Aversa wrote an opinion piece that fully explained why she sees gloom and doom in every government statistic regardless of whether or not it's warranted.Here's how Aversa began her analysis entitled "Good Economic…
AP's Crutsinger 'Clings to Recession' Despite Improving Data
May 8th, 2008 9:58 AM
The Associated Press's business writers just won't let go of their claim (or is it audacious hope?) that we are in a recession -- not heading towards one, but actually in one. Despite yet another decent economic report, this one on productivity, the AP's Martin Crutsinger downplayed a significant beating of expectations, and continued to invoke the R-word (bolds are mine): Worker productivity…
Oops: Employment Numbers Better Than Expected, Unemployment Drops
May 2nd, 2008 9:20 AM
Despite all the gloom and doom, the employment picture in April was much better than economists had expected, and, maybe more important, quite different than the Hooveresque, Depression Era picture media members have been painting for months.Makes you wonder if in press rooms all around America, as well as in Democrat campaign headquarters across the fruited plain, there was a huge sigh of…
AP Disgrace: 'Bruised Economy Grows by Only 0.6 Percent
April 30th, 2008 9:47 AM
The Associated Press's Jeannine Aversa really should change her writing focus, because economics is clearly not her specialty.After telling readers in March that "Dangerous cracks in the nation's job market" are "ominous signs that the country is falling toward a recession or has already toppled into one," Aversa had the gall to report Wednesday, "The bruised economy limped through the first…
Oklahoma Unemployment Is Way Down. Will Media Look into Why
April 22nd, 2008 10:05 AM
Oklahoma's unemployment rate, which was a seasonally adjusted 4.3% and 4.4%, respectively, in September and October 2007 (4.1% and 4.2% unadjusted), has fallen to a seasonally adjusted 3.1% in both February and March of this year (3.5% and 3.2% unadjusted). The unemployment rate in most states has gone up from September 2007 to March 2008. In states where the rate has gone down, none has shown…
Will Media Question False Economic Statistics in DNC Ad Bashing McCain
April 20th, 2008 1:15 PM
For months, NewsBusters has been warning readers of the likelihood that media will adopt the 1992 Clinton playbook of regularly depicting the economy as being far worse than it really is.On Sunday, the Democratic National Committee released a new television advertisement attacking GOP presidential candidate John McCain with economic statistics that don't measure up to even the slightest scrutiny…
Obama's Windmill-Based War on Poverty
April 14th, 2008 6:49 AM
Do we all get free wooden shoes? Barack Obama didn't say. But he does have an Impossible Dream to cut poverty that would make Don Quixote proud. Put people to work . . . building windmills. His idea came in response to a question at last night's Compassion Forum on CNN from Jim Wallis, a leading member of the religious left whose focus is "social justice." Wallis wanted Obama to commit to a…
Obama Channels Marx on Masses' Reverence for Religion
April 12th, 2008 7:56 AM
CORRECTION: This item originally cited Ace of Spades as having uncovered that Obama's mentor was Frank Marshall Davis, a man with Communist roots. It was in fact Cliff Kincaid at Accuracy in Media. I regret the error. Religion is the opiate of the masses. -- Karl Marx, 1843It's not surprising that they get bitter, they cling to . . . religion . . . as a way to explain their frustrations. --…