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.
NPR’s Morning Edition broadcast an interview with House Speaker Nancy Pelosi on Wednesday, lamenting her from the left. Co-host Steve Inskeep reported that a new vote on war funding "means Democrats get a reminder of something they have not accomplished. For a year and a half now they've tried and failed to end the war." Would that really be an "accomplishment"?
As part of their post-mortem for the zombified Hillary Clinton campaign, National Public Radio is blaming the media (including talk-radio hosts like Rush Limbaugh and Glenn Beck, and Fox's Neil Cavuto and Bill Kristol) for demeaning Hillary Clinton "pioneering candidacy" with sexist coverage during her race for the White House.
In all the brouhaha last week over the incendiary comments made by Barack Obama's pastor the media seemed to forget to partake in their traditional Holy Week Christian-bashing excercise. There were a few entries in the "Easter Hit Parade," like the Comedy Central show "Root of All Evil" which my boss, Brent Bozell, wrote about in a column recently, and an episode of "Law and Order" which featured another Christian-stones-someone storyline.
I suppose it's good news that there was less faith flagellation courtesy of the liberal media, and yet at the same time it's sad that I was expecting to find it at Easter time. But the fact remains that Christmas and Easter are generally times when the media attacks on Christians are more pronounced.
For atheists it's a different story.
Jennifer Harper, Washington Times reporter and friend of Newsbusters, gives us a revealing look at how far left our taxpayer funded National Public Radio network has gotten itself these days. Even when they try to go a little toward the conservative side of the debate, they get lambasted by their audience, angered that they had the temerity to air conservative views. Of course, the only reason they would get such a rude reception from their own audience is because they have garnered only a far left listenership as a result of their far left programming. After all, if they had a balanced listenership they wouldn't get deluged by angry emails when they aired conservative content.
Apparently, at the end of February, the NPR program "Morning Edition" took the unusual move of airing four consecutive days of interviews with conservative thinkers in a segment they dubbed "Conversations with Conservatives."
One last State of the Union note. I found this introduction to an NPR interview with a Clinton speechwriter and a Reagan speechwriter on Monday's Morning Edition on a two-term president's last SOTU a little odd:
STEVE INSKEEP, anchor: It's a moment for any president to reflect on his accomplishments, as President Clinton did in his last State of the Union in 2000.
CLINTON: Never before has our nation enjoyed at once, so much prosperity and social progress with so little internal crisis and so few external threats.
How is it that NPR plays that clip thinking that it represents Clinton's accomplishments, instead of his utter cluelessness in retrospect about the gathering storm of 9/11?
When business goes green, interest groups get mean.
"You may have thought they were environmentally friendly just because the product says so, but some environmentalists think you're being ‘greenwashed,'" said host Steve Inskeep. "Is one of the sins just lying, then, basically?"
Scot Case of the environmental marketing firm TerraChoice conveyed that "the biggest sin [they] found ... was called ‘The Sin of the Hidden Tradeoff' for products that promote a single issue ... but there are a wide variety of environmental considerations."
TerraChoice evaluated 1,018 retail products for their environmental claims and only one was found to be without sin, while the rest were guilty of offenses like "The Sin of the Lesser of Two Evils," "The Sin of Fibbing" and "The Sin of No Proof."
So, what's TerraChoice's solution?
National Public Radio's "Morning Edition" stories on $100 a barrel oil this week have featured some underreported views on the industry: The economy is surviving the higher costs, and the oil companies are using the profits for future exploration.
National Public Radio commentators can establish one reality very quickly: they won’t cross the feminists. "I am not dumb enough to castigate women en masse," said sports writer Frank Deford in a commentary on Wednesday’s Morning Edition as he blamed them for the popularity of celebrity gossip. But men? That’s easier. They’re diverted from serious news by the sports pages.
It has been over three weeks since the fundamental claim of the "Food Stamp Challenge" was debunked, first by Mona Charen in her syndicated column, then in more detail by yours truly (at NewsBusters; at BizzyBlog). Yet the "Food Stamp Challenge" has spread.
As noted in this NPR report from April 23, it all started in Oregon. That state's governor, Ted Kulongoski, joined in and put on quite a show, getting plenty of Old Media attention (Associated Press; New York Times [may require free registration]) as he tried to buy a week's worth of groceries with $21, because that was said to be what "the state’s average food stamp recipient spends weekly on groceries."
The Challenge's claim that the average Food Stamp recipient's benefit of $21 per person per week is all that beneficiaries have available for purchasing food is incorrect, as anyone visiting the USDA's web site could have learned very easily.
As I noted in late April, the Food Stamp Program’s "Fact Sheet on Resources, Income and Benefits" provides a table of "Maximum Monthly Allotments" (i.e., benefits), and says the following about benefit levels (bold is mine; I converted the Monthly Allotments to weekly allotments per person by dividing by the average number of weeks in a month [4.345], and then by the number of people):
A truly extraordinary media event occurred Wednesday.
One news outlet reported: “Developing nations that are fast industrializing, such as China and India, have braked their rising greenhouse gas emissions by more than the total cuts demanded of rich nations by the U.N.'s Kyoto Protocol.”
Practically at the same time, another reported: “Yet [China’s] coal habit means it will soon overtake the United States as the biggest emitter of greenhouse gases, some say as early as this year.”
Can’t be, right? Well, the first report by Reuters (h/t NB member dscott) dealt with a draft about to be released by the United Nations concerning CO2 emissions (emphasis added throughout):