Sparse Coverage of CBO's Friday Deficit Report Ignores Record April Ta
On Friday, the Congressional Budget Office (CBO) spilled the beancounters' beans (PDF report is available at the link) in advance of this next Thursday's release of the Monthly Treasury Statement. The coverage of CBO's report has been very light.
Excuse me if I question CBO's timing.
But first, the news -- The report by Andrew Taylor of the Associated Press (HT Right Angle Blog) has all that's…
Media Virtually Ignores Dow's Best Bull Run in 80 Years
Did the Dow’s ‘Bull Run’ Milestone Get to Your Paper’s Front Page Today?Front page? Heck, the overwhelming odds are that it didn't get mentioned anywhere. It should have been.
At CNNMoney.com, writers Alexandra Twin and Steve Hargreaves appear to be the only ones who even recognized the significance of yesterday's positive market close (bolds are mine):
Dow: Longest bull run in 80 years
Major…
Should Americans Support Media’s Desire for the Rich to Get Poorer
As the stock market has continued to regularly make new highs in 2007, how many times have you heard or read a media report carping about how the rich are getting richer?Quite a bit, right?If you feel bombarded with such inanities, consider that a completely unaudited LexisNexis search of major American media outlets identified 234 reports which included phrases like “rich get richer,” “income…
As NY Times 'Manufacturing Recession' Enters 3rd Month, Reality Begs t
Question: When is a New York Times "Manufacturing Recession" not a recession?
Answer: When the Institute for Supply Management (ISM) keeps on issuing monthly reports, such as the one yesterday covering April, telling us that manufacturing is in expansion mode.
On February 28 (second item at link), Times Business writer David Leonhardt wrote the following:
For Manufacturing, a Recession Has…
Big Metro Dailies Continue to Lose Circulation
For the fifth straight year, America's biggest newspapers (especially the left-leaning ones) have experienced big drops in circulation.The Audit Bureau of Circulation released its annual numbers today. Among the findings: Two of the three national newspapers (USA Today and the Wall Street Journal) gained circ while the New York Times fell 2 percent on weekdays and nearly three-and-a-half percent…
Harold Ford’s Uncle Convicted, Media Bury Relationship and Party Aff
Assume for a moment that a prominent Republican’s uncle that happened to be a former state senator was convicted of accepting bribes. Do you think: This would have been headline/front-page newsThe family relationship would have been in the lede and/or headlineHis party affiliation would have been in the lede and/or headline?Well, on Friday, the uncle of former Congressman Harold Ford, Jr. (D),…
NY Times Surprisingly Asks ‘Is the Carbon-Neutral Movement Just a Gi
The reader is formally cautioned to prepare his or herself for an alternate reality. You have been warned.I’m shocked, I tell you, shocked to find the New York Times asking the following question on a Sunday morning: But is the carbon-neutral movement just a gimmick?Is this possibly a sea change in media coverage on this issue, or just an olive branch cynically tossed to create the illusion of…