Unemployment

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…

Just how bad is the economy doing? Well, according to Reuters, it's so bad out there that illegal aliens are heading back to Mexico. Almost sounds like a joke the late night hosts would make during their monologues, doesn't it? As a result, when I first saw this last evening (thanks to whoever sent it to me with apologies for not being able to identify who it was!), I thought it had to be a…

In 2005, I sensed that journalists in general prefer to call this time of the year in commerce that of "holiday shopping" instead of "Christmas shopping," but that when it came to people losing their jobs, they preferred to describe layoffs as relating to "Christmas."My instincts were proven correct that year and in 2006, so I chose to track the same items this year to look for any noticeable…

Since the stock and credit market turbulence began in July, NewsBusters has been informing readers that media continually predict recessions that never happen.On the sad flipside, bearishness in the press can become so pervasive that an economic downturn ends up being an unfortunate self-fulfilling prophecy.NewsBusters affiliate the Business and Media Institute made this very point in a late-…

This is up on Drudge at the moment: Yes, the viciousness is being directed at Democrats for not being spendthrift enough. It's too early to tell whether President Bush and congressional Republicans have outmaneuvered the Democratic congressional majority, but it's looking that way. Old Media doesn't like it, and their inability to successfully buck up their side, one bit. In the Washington Post'…