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February 28, 2008
As the economy has slowed and indicators have started showing signs of fatigue, historically negative media coverage has taken a turn for the worst, shifting from reporting on “recession” to all-out “depression.”
On “60 Minutes” January…
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February 27, 2008
Kudos to ABC’s “Good Morning America” and reporter Bianna Golodryga for illustrating that not all economy reporting has to highlight bad news.
“[W]e keep seeing that there are some signs of hope out there,” host Diane Sawyer said February…
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February 22, 2008
The media continue to feature sob stories from rich families in stories supposed to illustrate the pain the housing “crisis” is causing for middle- and lower-income families.
“Not since the Depression has a larger share of Americans owed…
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February 22, 2008
In a shocking display of irony, a spokesman for Sen. Barack Obama’s (D-Ill.) presidential campaign told CNN February 22 that a federal mandate “doesn’t work.”
“But when people talk about the federal government ordering me to buy health…
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February 21, 2008
The hosts and crew of NBC’s “Today” show were in Vermont February 21 on the first leg of their “winter vacation” that concludes February 22 in Miami. The trips call into question how dedicated “Today” really is to “going green.”
The “…
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February 20, 2008
The financial sector must “burn, baby, burn” to teach financial professionals a lesson about priorities and motives, according to a reporter-turned-columnist for The Washington Post.
Steven Pearlstein, a one-time reporter for the Post who…
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February 15, 2008
Apparently disappointed by Federal Reserve Chairman Ben Bernanke’s refusal to predict a recession for the U.S. economy, newspapers instead turned to Bernanke’s predecessor Alan Greenspan, who was more than happy to offer some pessimism.
“…
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February 13, 2008
Is consumer confidence at an “all-time low”? The media say yes, but the facts say no.
“The market is tumbling, while oil prices are soaring; consumer confidence at an all-time low,” reported Savannah Guthrie on the NBC “Nightly News” Jan…
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February 13, 2008
Two scientific studies have suggested clearing land to produce biofuel ingredients will actually contribute more to “global warming” than simply sticking with fossil fuels. The shocking part is that someone in the media actually reported it…
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February 6, 2008
There’s nothing like a compelling sob story to put a human face on economic reporting. Unfortunately, the tragic stories highlighted by the media to slam business and naysay the economy are often worst-case scenarios that gloss over subjects’…