Unemployment

Nothing can put a bigger smile on an old cynic’s face than the normally predictable throwing a twelve to six curveball. Such is what occurred this morning when I opened up a Newsweek article by Robert Samuelson entitled: “Utterly Shameless; How could President Bush publicly brag about a federal budget with a $296 billion deficit?”After seeing that head and sub-line, I prepared to do battle with…

A week after ignoring the announcement of a roaring 5.3 percent GDP growth rate in the first quarter, and on the day unemployment fell a tenth of a point to 4.6 percent -- the lowest level since July of 2001 -- the CBS Evening News decided to lead Friday with how, as anchor Russ Mitchell put it: “There are new signs this evening that the economy is slowing down.” Reporter Anthony Mason asserted…

Christian Science Monitor reveals what most economists have known for years. Free Market ProjectFor years, the media have been telling Americans the economy, though growing, is not producing good jobs. From Lou Dobbs’ continuous rant at CNN about “The War on the Middle Class” to the Washington Post’s E. J. Dionne claiming in a February 21 op-ed that “The decline of manufacturing employment…

In the past couple of weeks as illegal immigration has dominated the front pages and the lead stories of virtually every network’s evening news program, you haven’t been able to swing a gato muerto without hitting some pundit or broadcaster discussing the “unwanted jobs” being taken by undocumented workers. In fact, according to LexisNexis, there have been over two hundred news reports since this…