ABC, NBC Stoke Panic for Possible Recession, CBS Tries to Ease Fears
August 14th, 2019 9:03 PM
With the so-called “inverted yield curve” for bonds creeping up on Wednesday, ABC and NBC sprinted to stoke fears that “a recession could be on the horizon”, as NBC White House correspondent Kristen Welker declared. But over on CBS Evening News, chief financial analyst Jill Schlesinger was telling viewers to “run your life as if this were just any old day.”
Network Freak-Out: ‘Outrage,’ ‘Turmoil,’ ‘Panic’...Over Lower Taxes
February 13th, 2019 6:16 PM
For days, the broadcast networks have been warning of a nation in “turmoil,” with “outrage” and downright “panic” sweeping across the country. The source of the crisis? Last year’s tax reform law that allowed Americans to keep more of their own money. In short, the media were aghast that some taxpayers were getting smaller refunds or even owing money to…
Media’s Stock Meltdown Covered 4x More than Big Market Rebound
February 7th, 2019 2:51 PM
Stocks “rebounded in spectacular fashion in January,” but anyone reliant on network news programming may not have noticed since the networks proved yet again to care far more about bad economic news.
ABC, CBS and NBC evening news shows covered the bad news for stocks in December and January more than four times more than positive market news during that time (1,745 seconds to 422…
ABC Touts Fake News Poll About Tax Plan...Taken Before It Was Released
November 3rd, 2017 3:21 PM
On Friday, ABC’s Good Morning America touted a new ABC News/Washington Post poll claiming that a majority of Americans oppose the Republican tax plan that was announced on Thursday. The only problem was that the survey was conducted October 29 through November 1, meaning that any questions about tax reform were asked before the GOP actually released the legislative proposal.
Networks Fret Over IRS Budget Cuts, No Mention of Ongoing Scandal
April 14th, 2014 11:45 AM
On Monday, all three network morning shows found time to worry about IRS budget cuts meaning fewer audits and longer wait times for taxpayer assistance, but not one mentioned the ongoing scandal embroiling the agency, including Congress issuing a criminal referral for former IRS official Lois Lerner. [Listen to the audio or watch the video after the jump]
On ABC's Good Morning America,…
Flashback: Journalists Marveled Over Healthcare.gov Before It Opened
October 22nd, 2013 11:55 AM
While the media are now calling the ObamaCare rollout a "mess" and the website a "bust," some journalists and pundits were a lot more optimistic right before the exchanges opened.
Despite warnings that the website and exchanges would not be ready to open on time, journalists marveled over how easy the website, Healthcare.gov, would be to navigate. That optimism crumbled…
CBS Lets Sebelius' Former Adviser at HHS Spin For ObamaCare
September 30th, 2013 6:25 PM
CBS This Morning did its best over two days to put the most positive spin on the rollout of the ObamaCare insurance exchanges. On Saturday, the newscast turned to Bloomberg's Peter Gosselin, who likened the exchanges to "shopping for anything online on Amazon". However, the program failed to point out that Gosselin once worked in the Obama administration, and advised HHS Secretary…