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October 10, 2006
It took the Department of Labor several months to locate 810,000 new jobs it had overlooked – but network news still hasn’t found them, despite the agency’s report on October 6.
The employment report was full of positive news:…
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October 4, 2006
One month away from the election, the media are right in line with the Democratic talking point of “stagnant wages.”
“We are in a period of stagnant wages for workers in this country,” said CNN’s Lou Dobbs on a September 15 CBS “Early…
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September 28, 2006
The Dow Jones industrial average closed only 34 points away from its record high September 27, yet “NBC Nightly News” found a cloud to hide that silver lining.
“Wall Street is riding high on a wave of confidence about the economy,” said…
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September 15, 2006
A million or more people die each year from malaria, which can be best fought with the pesticide DDT. But DDT was banned 30 years ago and the mainstream U.S. media have ignored it, preferring to focus on left-wing philanthropists and their…
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September 13, 2006
Housing may be headed for a soft landing, but that’s just the Federal Reserve chairman’s opinion. The media, on the other hand, have scared up another “housing bubble” story: adjustable-rate mortgages (ARMs).
Journalists have called ARMs…
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August 30, 2006
How’s the American worker doing on this Labor Day weekend?
According to network news, he’s either about to get laid off or he’s just languishing at his current job.
Recent coverage of work has leaned heavily toward the negative,…
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October 17, 2007
This week marks the unhappy milestone of Black Monday for Wall Street, which had some journalists warning “it could” happen again. Even if it doesn’t, the media hammered home the prospect of a possible recession.
The Dow Jones Industrial…
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August 24, 2007
In a recent blog post CBS’ Wyatt Andrews gushed about Massachusetts’ new health care plan that requires people to purchase health care. His take:
“This isn't Clinton care;” Andrews assured his audience, “it's a huge experiment to see…
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May 8, 2007
Both CBS “Evening News” and ABC “World News with Charles Gibson” reported that the national average price for gasoline was “just two cents short of the record.”
But the networks’ two cents were wrong.
Gasoline prices, which both…
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May 2, 2007
As a major stock index rose to “uncharted territory,” the media collectively frowned instead of celebrating.
After 9/11 the stock markets plunged, but they began to recover after the passage of the 2003 Bush tax cuts. The Dow climbed back…