CNN Plays Ex-Nader Fundraiser As Just 'A Mother of Two' in Gloomy Econ
September 7th, 2006 5:02 PM
Yet another case of a reporter not giving you all the facts. CNN's Christine Romans tried to pass off a Boston area woman, Abby Subak, as merely a "mother of two" concerned about the death of the American Dream. I thought it fit all too neatly into Romans's story, which hyped the findings of a liberal think tank critical of the Bush economy. Well, sure enough, an Internet search showed that this…
Unseen Housing Headline: 'Home-Price Growth Returning to Normal
September 7th, 2006 10:35 AM
Here are some of the headlines actually used in coverage of Tuesday's Office of Federal Housing Enterprise Oversight (OFHEO) report (PDF) showing a 1.17% increase in second-quarter home prices:
USA Today: "Growth in home prices show(s) sharp slowdown in 2Q"Boston Globe: "Home prices show huge slowdown"New York Times: "Home Prices Fall in Nearly One-Fourth of Metropolitan Regions"Associated Press…
The Employment Numbers and the Unreported 4 Million Jobs
September 6th, 2006 12:15 AM
I described the August employment news as "good, not great" on Friday.
Larry Kudlow was more upbeat, and has a point:
The August jobs report should put to rest any fears that the economy is burning out. Following upwardly revised increases for June (134,000) and July (121,000), companies added 128,000 nonfarm payrolls last month. Meanwhile, the all-important but rarely mentioned household…
Globe: Wal-Mart Workers 'Don't Like to Think They're Patsies' - Though
September 4th, 2006 8:03 AM
The Brahmins might no longer rule the Bay State, but their tradition lives on in the editorial room of the Boston Globe. And what better occasion than Labor Day for the elitist Globe to condescend to workers in a manner that might have brought a smile to the lips of a Lowell or Cabot?The topic of Labor Day, 2006 is one in great fashion in MSM circles: the horrors of Wal-Mart - and the joys of…
NY Times's Leonhardt Admits Wages On Uptick 3 Days After Ringing Death
August 31st, 2006 12:08 PM
New York Times reporter David Leonhardt had to make an about-face on the economy in today's New York Times:
What a difference three days make. 72 little hours.
In that time, a New York Times reporter went from tolling the death knell of real wage growth to reporting a 7-percent wage jump over last year after inflation.
"[T]he current expansion has a chance to become the first sustained period…
