Spinning the Economic News
Brent Bozell points out that both ABC and CBS ignored the fact that the unemployment rate has fallen to its lowest level since July of 2001. Even more egregious was the LA Times' coverage: "Falling Jobless Rate Boosts Wages but Fuels Concern on Prices and Profits." There's always a "concern" when it comes to the Bush economy, isn't there? And the jump headline eliminated the positive reference to wage increases . . .
Interestingly, the Times piece begins as follows:
A strong job report Friday helped revive a troubling theme prominent during the economic boom of the late 1990s: What's good for workers may not necessarily be good for investors and monetary policymakers.
Yes, I remember hearing so much about that "troubling theme" from the LA Times during the heyday of the late '90's boom.
Interestingly, the Times piece begins as follows:
A strong job report Friday helped revive a troubling theme prominent during the economic boom of the late 1990s: What's good for workers may not necessarily be good for investors and monetary policymakers.
Yes, I remember hearing so much about that "troubling theme" from the LA Times during the heyday of the late '90's boom.
posted by LadybugUSA at 8:30 PM
1 Comments:
You can always count on the Times to run some negative sub-headline whenever there is positive news that might make the president and the administration look good. They don't really care about the country. They only care about their agenda.
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