Unemployment

It’s apparently okay to buy unnecessary and expensive electronics at a discount – even if you’ve lost your job and money is “tight.” After all, the Super Bowl is Sunday. CNN’s January 30 “American Morning” mentioned retailers were cutting prices to get customers to purchase more, but no one during the broadcast had a problem with one unemployed woman buying one of those fancy televisions. “…

Nothing like going on the air and reporting the government is going to give you a check for x dollars - depending on your income - to please your viewers. But reporting about it as if there were no strings attached isn't straightforward. However, the glowing reception the $150-billion taxpayer-funded stimulus plan got from each of the network newscasts gave that impression last night. "Cash…

It's really frightening to imagine that people who get the bulk of their news from Comedy Central's "The Daily Show with Jon Stewart" will be making what they probably think are educated decisions at the ballot box come Election Day. Stewart, who is now a self-proclaimed economist, said on his January 23 show, "Our economy is tanking." And now you can add financial media critic to Stewart's…

Worried about finding employment after losing your job because of this gosh-awful recession we're having? Oh, you haven't lost your job yet? Yeah, we aren't actually having a recession yet, but that's just details. But the show must go on, and so goes the January 23 "CBS Evening News." "It's a bumpy ride for the American worker as well. As the economy slows the unemployment rate is rising…

The economy is so bad that you'll probably lose your job. Just ask "Good Morning America" host Robin Roberts. She reported on ABC January 17 that "countless Americans" are worried their jobs might be at risk.As proof, Roberts offered a montage of four man-on-the-street-style interviews, in which four expert economists random people expressed concerns about the job market, gas prices and the…

USA Today's Emily Bazar wrote a long article Wednesday ("Strict immigration law rattles Okla. businesses") on the early impact of Oklahoma's recently-passed immigration reform legislation, apparently now well-known as "1804," or "House Bill 1804, the Oklahoma Taxpayer and Citizen Protection Act of 2007, arguably the nation's toughest state law targeting illegal immigrants," which became effective…

This is worse than a case of calling a glass "half-empty" when it is "half-full." This is like taking the glass and pouring it out. Deirdre Bolton, an anchor for Bloomberg TV, appeared on CBS's January 9 "The Early Show" to report on a survey of economists Bloomberg conducted January 3-8 about whether or not a recession is in the immediate future of the U.S. economy. "[W]ell, as you said the…

It took a couple of tries, but CNN "American Morning" co-anchor John Roberts got Democratic presidential hopeful Barack Obama to admit what people probably already knew - Obama wants to raise taxes. Obama appeared in an interview with Roberts on the January 9 "American Morning" fresh off his second place finish in the New Hampshire Democratic primary. He told Roberts high taxes were in the…

You'll have to pardon me for just noticing this. It is after all, only Newsweek. January 5, 2008 Economy Unemployment hits 5 percent. Can you say the R-word? Of course, as fellow…

The economy is about to dive off a cliff and it's all President George W. Bush's fault, according to The New York Times editorial board. A January 2 Times editorial was pretty pessimistic about the economy in 2008, mocking Bush and forecasting doom. "As 2008 begins, house prices are still skidding, bank losses are still mounting, oil is again flirting with $100 a barrel and consumers are…