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May 28, 2008
One look at statistics – from GDP growth to the unemployment rate – and it’s obvious this isn’t the worst economic time in U.S. history. But it might be the worst journalistically. The major media give us only two degrees of economic news –…
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May 27, 2008
The slowed economy is being blamed for a lot of things, and now the NBC “Nightly News” says it is hurting the children because of funding problems in California public schools.
“In today’s tough financial times, nearly all of California’s…
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May 23, 2008
There’s bad news and then there’s CNN’s “American Morning.” The May 23 broadcast warned of a “tipping point” for the economy, and anchor John Roberts asked an economist whether we were facing the “the D-word,” meaning depression.
That’s an…
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May 22, 2008
Everyone is looking for someone to blame for higher gas prices, but one of the favorite media targets has been oil companies that dare to turn a profit.
Anthony Mason, on CBS’s May 22 “Early Show,” led off with senators on the Senate…
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May 22, 2008
When it’s time to blame someone for “the super-sizing of American children,” The Washington Post looks to companies that market “temptations of young consumers.” Never mind how those “temptations” make it from the TV screen into the little…
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May 22, 2008
Sports are risky, sometimes leading to lasting injuries. In one case covered by the May 18 “CBS Evening News,” parents blamed aluminum bat manufacturers for their son’s injury.
“[T]welve-year-…
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May 22, 2008
Despite the current economic situation still not meeting the technical definition of recession (two quarters of negative economic growth) BusinessWeek just launched a blog that assumes otherwise.
…
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May 21, 2008
It may be the mother of all doom and gloom gas price predictions: $12 for a gallon of gas is “inevitable.”
Robert Hirsch, Management Information Services Senior Energy Advisor, gave a dire…
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May 21, 2008
Campaign trail talk of a “windfall profits” tax on oil companies wasn’t enough for the Senate Judiciary Committee, which accused oil executives May 21 of manipulating the market.
Democratic senators said they saw a failing market…
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May 21, 2008
The $307-billion, five-year farm bill recently passed both houses of Congress with more than the two-thirds majority necessary to override a presidential veto. The Cato Institute has estimated that the last 20 years of farm programs have cost…
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