That “Made in America” sticker is looking more attractive.
Second-quarter (2Q) Gross Domestic Product (GDP) was revised up from 1.9 percent growth to a higher than anticipated 3.3 percent, according to reports on August 28.
Rising exports played a significant role in the expansion. According to the Commerce Department, real exports increased 13.2 percent in the 2Q of 2008, compared with an increase of 5.1 percent in the first. Real imports of goods and services decreased 0.8 percent in the first quarter and 7.6 percent in the second.
The good news on exports has been falling by the wayside in the media. The Business & Media Institute's video blog, The Biz Flog, pointed out the positive news about exports back on August 6.
Thanks to a weak dollar, it is now cheaper to export goods from the U.S. to other countries. But the story hasn't caught on in the mainstream media just yet.
Back in the days of our MediaWatch newsletter, we used to have a feature called "Revolving Door" to note reporters swapping their jobs for political appointments or political appointees swapping their jobs for reporting gigs. (See the NB Revolving Door topic for more recent updates.) The Minneapolis Star Tribune announced that its editorial writer Dave Hage is leaving "to become communications director for first-term Sen. Amy Klobuchar, D-Minn. Hage, 52, will take over Klobuchar's fledgling press operation," which has already lost its top press aide. Hage, a Minneapolis native, was an economics correspondent for for U.S. News & World Report magazine in Washington from 1991 to 1995, where he drew our attention as he repeatedly attacked Reaganomics and boosted Clintonomics. So the new Democrat job isn’t a shocker.
From our Notable Quotables in March 1993, the myth that health socialism-pushing Clinton would have a "healthy respect" for free enterprise:
Those pesky conservative suburbanites and their market forces! They'll be the ruin of the Minneapolis Star-Tribune, bellows Anonymous.
Hugh Hewitt and Ed Morrissey have taken on the unattributed complaints of a self-described Star-Tribune ("Strib") veteran, who laments that his beloved paper is becoming a right-wing shill for, gasp, hiring a token conservative opinion columnist.:
If anyone in the media blames the Minnesota bridge collapse on "cheap Republicans" who like tax cuts, it would not be the first time. In 1989, after a memorable San Francisco earthquake, an interstate highway bridge collapsed and killed hundreds. Media figures demanded new taxes, and some even suggested the Proposition 13 ballot initiative may have caused unnecessary deaths. We reported in the November 1989 MediaWatch:
As aftershocks rumbled through the San Francisco Bay area, media figures began calling for more taxes. On the October 18 Nightline, Ted Koppel asked an agreeable Democratic politician from California: "We all remember a few years ago Proposition 13 which rolled back taxes. And at the same time the point was made you roll back the taxes, that's fine, but that means there are going to be fewer funds available for necessary projects. Any instances where the money that was not spent because of the rollback of Proposition 13 where money would have made a difference?"
The left is famous for its general intolerance and suspicion of religion, especially in the public sector. Yet, increasingly, an exception seems to be made for Islam.
Scott at Power Line caught another instance of this in today's Minneapolis Star Tribune where the normally anti-religious editorial page is oddly favorable to a local college's installation of a foot-washing basin for Islamic students:
One of the side effects of the left's control of the media is that Democratic politicians often have trouble dealing with criticism because they aren't subjected to the 24/7 scrutiny that Republicans usually face. This leads them to fall apart when they come into contact with a reporter that doesn't defer to them like usual.
There's a certain irony to my column today. The author whose op-ed piece I'm about to criticize grew up hunting and shooting in Iowa, and still owns several guns. I grew up in Jewish neighborhoods in the Bronx and Queens where about the only concealed items were tzitzis - undergarments men wear to remind them of Biblical commandments.
Minnesota ABC affiliate KSTP continues to defend its refusal to run an ad from the conservative group Progress for America which says the American news media is witholding good news about the war in Iraq.
The message contains the idea "That the media only reports the bad news" and "you would never know it from the news reports, but the enemy in Iraq is al Qaeda."
This is over the line for KSTP, who believes the statements to be untrue. "That, says [General Manager Rob] Hubbard, is plainly false. He points out that both KSTP and ABC, its parent network, have reported on the Iraqi elections, progress concerning reconstruction of the country, and the reopening of its schools--all of which qualifies as 'good' news. 'When someone is watching our news, we're "the media."' Hubbard explains. 'We know that [the claim in the advertisement] is inaccurate as it relates to us.'"
Apparently they believe it is inaccurate as it relates to all media, because the commercial never mentioned KSTP. I looked through the KSTP Web site to see all these examples of reporting "good news". I couldn't find a single story, perhaps they could point us toward some of this work. For instance, an article about the Iraqi elections opines:
One of the annoying things conservatives discover when they spend any time studying public broadcasting is how much cash pub-casting bosses take home even as they beg struggling audience members for donations (and ever more taxpayer funds). The Minneapolis Star Tribune reports that Minnesota Public Radio may forego $190,000 in state tax money rather than disclose how many MPR execs make more than $100,000. One sharp Republican legislator (my hero!) is saying you want the money, you disclose your salary info: