Media Downplay Extremely Strong November Jobs Report
A recent report published by the Gallup Organization stated: “a majority of U.S. investors continue to describe the current economy as being ‘in a slowdown’ or ‘recession’ as opposed to being ‘in a recovery’ or ‘sustained expansion.’” Regardless of continuously strong economic reports, such bearish assessments have been regularly portrayed by public opinion polls for several years. During this…
It’s Beginning to Look a Lot Like…a Very Good Christmas
The media’s pessimistic holiday shopping forecasts fail to register with reality.Don't miss my latest at the Free Market Project: Contrary to the media’s pessimistic forecasts for the Christmas shopping season reported by the Free Market Project in late October, strong retail sales this Thanksgiving weekend got the annual end-of-the-year buying bonanza off to a bang. In fact, the economic data…
Media Myths: The Housing Bubble is Bursting
Don't miss my latest writing for the Free Market Project: Media claims about a “housing bubble” are nothing new. Since before the 9/11 terror attacks, the media have been calling the housing market a “bubble” while predicting an imminent, devastating decline. Not only have they been wrong in forecasting such a top, they have thoroughly mischaracterized what an investment bubble is. Now that the…
Nets Appear to Ban Conservative Guests From Their Panels This Morning
It’s probably not the first time it has happened, but with the exception of ABC’s George Will – who, of course, has been a regular on that network’s “This Week” for many years – the networks’ Sunday political talk shows had no established conservative guests to participate in their weekly panel discussions. Joining George Stephanopoulos and George Will this morning were Democratic political…