The Media Say The Economy Is Horrible, So It Must Be True
New from the Business & Media Institute
Herman Cain: The Media Say The Economy Is
Horrible, So It Must Be True
The Business & Media Institutes national chairman says the media must think
were stupid. With all the good things happening in the economy, why else
would journalists keep telling us things are so dire?
Networks Paint Bush Economy As Bleak, No Matter What The Facts Really Say
A new Business & Media Institute analysis of the three broadcast networks
evening news shows since the 2005 inauguration proved that negative
economic news gets far more air time than positive news. Even when good
news made it to viewers, journalists undermined it with bad news 45
percent of the time. Instead of expanding on good news about jobs, low
unemployment and economic growth, reporters sought out those who were
getting laid off or paying more for gas to show that the economy was still
dicey and struggling.
The Good, The Bad & The Ugly
The Good, the Bad & the Ugly will be a regular feature of the Balance
Sheet tracking the best and worst media coverage of business and
economics. Readers are invited to submit suggestions or news tips to
Director Dan Gainor
This week: Decent economics, ignoring a climate change treaty and a
bizarre view of the cause for African starvation.
Also from BMI:
Networks Ignore U.S. Agreement on Global Warming
Social Securitys Retirement Date Long Passed
Research, News & Commentary
Taxes
Research: The Milken Institute released its 2005 Cost of Doing
Business Index, with Hawaii, New York and Massachusetts topping the list
of most expensive states for business.
News: Stateline.org has a roundup of whats happened with budgets and taxes across the states in the past year.
Regulation
Commentary: BMI Adviser Bruce Bartlett, of the National Center for
Policy Analysis, explains how Sarbanes-Oxleys regulation of businesses
causes a drag on the stock market.
Research: A new study from the Institute for Trade, Standards and Sustainable Development, Inc., warns how the costs of European regulation are impacting American businesses. The European better-safe-than-sorry approach to rule-making is threatening the American free enterprise system, according to an analysis by Lawrence Kogan.
Health
Commentary:
AEIs James K. Glassman says the way out of Africas AIDS tragedy is that
wealth makes health.
Global Warming
Research: S. Fred Singer, president of the Science & Environmental
Policy Project, explains why new analysis of satellite and weather balloon
temperature data doesnt settle the global warming debate at all.
