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October 18, 2018
The stock markets were volatile in October, including an all-time Dow Jones Industrial Average high and some “major” falls. Unfortunately, the broadcast networks preferred to show the bad side of the economy.
The network evening news…
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August 30, 2018
Stocks set records, consumer confidence shot up, and economic growth estimates were revised up.
These three good economic news stories happened back to back to back on Aug. 27-29. Meanwhile, ABC World News Tonight, CBS Evening News and NBC Nightly…
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July 27, 2018
CNBC’s Squawk on the Street and Bloomberg.com viewed the latest U.S. GDP report as good news for the Trump administration.
The 4.1 percent second-quarter GDP estimate announced July 27, was the best quarterly pace in almost four years.…
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May 10, 2018
The media are treating the economy like a good-news/bad-news story. The good news is the economy is going well and unemployment is down to just 3.9 percent — the best since 2000. The bad news is ABC, CBS and NBC evening news programs don…
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April 27, 2018
CNBC’s on-air editor Rick Santelli reacted to the April consumer confidence numbers positively, but the same night ABC, CBS and NBC evening news programs all ignored the latest update of consumer attitudes toward the economy, as did their…
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April 11, 2018
You’ve probably heard already. April 10, was “Equal Pay Day,” a symbolic day media, politicians and celebrities use each year to complain about gender-based pay discrimination — by abusing a statistic that does not illustrate…
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April 5, 2018
Stock markets have been stumbling and volatile since late January. But to hear The Washington Post tell it, that means the tax cuts failed to do what President Donald Trump said they’d do.
“The tax cuts were supposed to be ‘rocket…
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March 15, 2018
The Nasdaq Composite, a tech-heavy index of 5,000 stocks, set new record highs again on March 9 and 12. Citing that and a host of other economic factors, market expert Marc Chandler described the current state of the economy as a “Goldilocks…
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February 13, 2018
The February 2018 stock market correction was painful to watch, but the news media exaggerated the situation — piling on panic and blame with descriptions like “crash” and “freefall” — after ignoring most previous…
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February 6, 2018
While the early February 2018 market pullback has spooked some investors and already gained plenty of media attention, it illustrated all too well the broadcast networks’ tendency to cover bad economic news more than good. The networks skipped…