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It's the Economy, Stupids!

admin — Fri, 10 Jun 2011 00:53:00 +0000

Dan Gainor

Welcome to "recovery summer." Oops, that was last year when journalists told us that prosperity was just around the corner.

CNBC's Santelli Right, 'Experts' Wrong; Unemployment Spikes to 9.1%

admin — Fri, 03 Jun 2011 18:04:00 +0000

Julia A. Seymour

CNBC panelists and guests always make predictions in the minutes leading up to the Labor Department's release of the jobs report and June 3 was no exception.

While economists Diane Swonk and Mark Zandi and CNBC's own Steve Liesman all made predictions of job gains between 100,000 and 150,000 - Rick Santelli threw his own lower prediction in just seconds before the announcement: 55,000. (Video available here)

Media Highlight Wanted Terrorist Al Awlaki, Forget They Called Him 'Moderate'

admin — Mon, 09 May 2011 22:25:00 +0000

Erin Brown

Last week, the media rightfully crowed over U.S. success in killing Osama Bin Laden, an unquestioned bad guy in the war on terror. They noted that intelligence gathered from that raid may have led to an unsuccessful U.S. Predator drone attack on Anwar Al Awlaki, leader of Al Qaeda in Yemen. Unfortunately, while Al Awlaki is very much as bad as Bin Laden, the media haven't always known it.

The Top 10 Economic Myths of 2010

admin — Thu, 09 Dec 2010 19:28:00 +0000

Julia A. Seymour

Each year the Business & Media Institute looks back on the year's news and selects the top 10 worst economic myths. Here is our 2010 list:

10. GM Repayment Shows Taxpayer Bailout Worked

9. All the Economy Needs is More Stimulus

8. Soda is Like Cocaine and Ads Cause Obesity

7. Obama the Tax Cutter

6. The Tea Parties are Astroturf, but Green Groups Aren't.

5. Despite Largest Budget in History, Obama is Fiscally Conservative

4. Lack of Press Freedom in Gulf Doesn't Point to Obama

Fire and Ice

admin — Thu, 04 Nov 2010 01:03:00 +0000

Dan Gainor

Sidebars
Fire and Ice: Executive Summary
U.S. Funds Nearly $4 Billion in Climate-Change Research
The Times Warms to Cooling

SPUN-employment

admin — Thu, 28 Oct 2010 00:24:00 +0000

Dan Gainor

Spinning the Numbers When Conservatives in Charge: During the year leading up to the 2005-06 mid-term elections, the economy was strong and unemployment never went above 5 percent. That wasn’t how the media reported it. Negative reports and stories spun negatively accounted for 58 percent of the stories (38 out of 65).

The Media's Top 10 Worst Economic Myths of 2009

admin — Wed, 09 Dec 2009 23:13:00 +0000

Julia A. Seymour

Each year the Business & Media Institute looks back on the year's news and selects the top 10 worst economic myths. Here is our 2009 list:

10. CBS, NY Times Support Ecuadorian Shakedown of U.S. oil company

9. Media Fail to Scrutinize Obama’s Job Claims

8. Government Stimulus is the Answer to Our Economic Problems

7. No Tax Increases for the Middle Class

6. The Recession was Over … by July.

5. Cash for Clunkers was a ‘Success’

Pumped Up Predictions

admin — Sat, 20 Dec 2008 09:50:00 +0000

Dan Gainor

See Executive Summary

Even in the midst of an election and Wall Street crisis, oil and gas prices have been front and center in 2008. The huge spike in both commodities was followed by a greater collapse in those prices in recent months.

The Great Media Depression

admin — Thu, 29 May 2008 07:26:00 +0000

Dan Gainor

See Executive Summary

The year was 1929. The decade of the '20s was ending - not with a roar, but with a whimper. Years of a sky-high stock market and speculative buying were coming to a close. The Dow Jones had peaked on Sept. 3 at 381.17 and then began to dive as unknown and prominent companies alike saw their values drop. In a little more than a month, the market lost 14 percent of its value.

This Christmas -- the Gift of Balanced Reporting

admin — Wed, 19 Dec 2007 20:16:26 +0000

Julia A. Seymour

2007 was quite the year for poor economic reporting. Newscasts were loaded with one-sided stories on “going green,” the housing “collapse,” a potential “crash” on Wall Street and even things like sweater and R.V. sales predicting recession.

Bad Company III

admin — Wed, 26 Sep 2007 21:02:00 +0000

Amy Menefee

Businessmen are in every city and town in America.

They make the tractors that harvest your food, the jewelry you wear and the electricity that makes our society run. They sell vegetables at your farmers' market and help you get connected to the World Wide Web. They give heart surgeons a place to work and kids a place to play after school.

And whether you work for one of them, a non-profit, or the government, they pay for your job.

What do they earn for all of their hard work? Abuse.

Gassing Up

admin — Wed, 09 May 2007 20:56:00 +0000

Dan Gainor

See Executive Summary

The Medias Top 10 Economic Myths of 2006

admin — Wed, 06 Dec 2006 22:25:00 +0000

Dan Gainor

See Executive Summary

10. American manufacturing is obsolete
Media myth: All the manufacturing jobs have been shipped overseas, and the only ones left are in the almost empty plants of the Big Three automakers.

'Bad News Bears': Executive Summary

admin — Wed, 11 Oct 2006 20:20:00 +0000

Dan Gainor

See Full Report

'Bad News Bears'

admin — Wed, 11 Oct 2006 20:16:00 +0000

Dan Gainor

See Executive Summary