NYTimes Waves Inflation Off: ‘Hopeful Signs That Inflation Could Slow'

April 17th, 2022 11:26 AM

The New York Times couldn’t avoid the historically bad inflation figures, placing economics reporter Jeanna Smialek’s story on the front page: “Inflation Rate Hit 8.5% in Fastest Rise Since 1981.” But the text box went for wishful thinking: “March Data May Signal a Possible Peak,” and text tilted towards cheery spin for the Biden Administration given the hard facts, and Smialek barely…

Biden at the State of the Union

Nasty Inflation Got You Down? NYT Says Blame the Fed, Not Biden!

March 3rd, 2022 5:25 PM

The New York Times pinned responsibility for “containing inflation” on the U.S. Federal Reserve, despite President Joe Biden’s vague promises during the State of the Union Address to “fight inflation” and “build a better America.” It seems that even the liberal media doesn’t trust Biden to enact policies that could help lower inflation anymore.

AP and Delusional Bloomberg Completely Disagree in Covering Today's Ho

June 17th, 2014 10:48 PM
There must have been a double delivery of Obama administration koolaid over at Bloomberg News this morning. The business wire service, which ordinarily is slightly less imbalanced in its business and economics reporting than the Associated Press, somehow interpreted a 6.5 percent seasonally adjusted decline in housing starts during May and a nearly identical percentage drop in building…

Feb. Employment Report's Raw Numbers Were Miserable; As Usual, Press I

March 11th, 2014 9:52 PM
On Friday, the government's Bureau of Labor Statistics reported that the economy created 175,000 seasonally adjusted jobs in February, with 162,000 of the additions occurring in the private sector. That result exceeded expectations of roughly 150,000, and caused the business press to sing odes of high praise to an economy that was amazingly overcoming this year's difficult winter weather.…