Friday, January 07, 2005

 

Everyone Looking At Same Numbers, Headlines Biased In Both Directions

To follow up on the story of US jobs growing more in 2004 than the past four years, I have been amazed at the difference in headlines regarding this story. We all have the same numbers to look at, but the inherent biases come out in the reporting. Almost none of the headlines simply report the story. Here is a sample from both sides.

The Pessimists:
Job Growth Misses Estimates in December
FOX News

Jobs gain smaller than expected
USA Today

December Job Gains Less Than Expected
MSN Money

US jobs data points to steady, not spectacular growth
Turkish Press, Turkey

US jobs growth below expectations
RTE Interactive, Ireland

Jobs Growth Slightly Soft
TheStreet.com

December Job Gains Less Than Expected
Reuters

Jobs Growth Slightly Soft
WOKR-TV, NY

US jobs data disappoints
Ottawa Business Journal, Canada

Employers Add Fewer Jobs Than Expected
Smartmoney.com

The Optimists:
US employers created 2.2 million new jobs in 2004
Denver Post, CO

Here’s to a Good Year: A Look at Employment Gains in 2004
Heritage.org, DC

December Hiring Helps Fuel Job Growth
ABC News

2004 Job Creation Was Highest Since '99
Washington Post, DC

Job Growth Picks Up Speed; Jobless Rate At 5.4%
FoxReno.com, NV


The disappointment here is that there must be a bias one way or the other for all these news and analysis to have such different takes on the same exact numbers. The encouraging part is that at least there are headlines in both directions. Having hundreds of news sources available via the internet has allowed all points of view to be easily accessible. I cannot recall a pre-internet time when the big three news sources had different slants or views on a news story. Thanks to cable news, online news and blogging, all points of view can be taken in and appreciated. While many in the blogosphere want to take credit for the fall of the old guard mainstream media, I think the bloggers just helped finish off an institution already wounded by the cable news networks.

Stuck in the Outside the Beltway Traffic Jam

 

2004 Job Creation Is Best in Five Years

More good news for our economy. The economy continues to move ahead, in a positive direction. This, despite an entire presidential campaign in which the left told us what terrible shape the economy was in and how Bush's tax cuts and economic plan was a miserable failure.

U.S. employers added 157,000 workers overall to their payrolls in December, bringing the year-end total of new jobs to 2.2 million, the best showing in five years. The unemployment rate held steady at 5.4 percent.

With Friday's report, Bush is close to closing the gap in job creation that has plagued him since taking office in 2001. There are now just 122,000 fewer jobs

The service sector continued to spark overall hiring in December. But the job growth was concentrated in the health care industry, which added a net 36,000 positions, and business and professional services, which hired a net 41,000 workers.

The nation's civilian unemployment rate has hovered at 5.4 percent and 5.5 percent since July, slightly below levels earlier in the year.


The numbers which do not appear in these reports are all the people who quit working at a large company or corporation and started their own small business. Over the last four years, I'm sure that these people more than make up for the 122,000 jobs which is still claimed as the "Bush job deficit."

Critics of these numbers will say the all the created jobs are in low wage positions. Clearly this is not true or all the jobs would have been in the service industry. Instead, we see that the health care industry as well as business and professional services grew the most.

Most any non-partisan observer would easily come to the conclusion that the economy is doing well. Our friends on the left, however, will never forget the humiliation suffered at Bush's hands two elections in a row. As a result, you will continue to hear hogwash about how the economy is not doing well.

Monday, January 03, 2005

 

Michelle Malkin: THE MARINE AND THE TAMPON

This post from Blackfive linked to by Michelle Malkin is a good read. Michelle calls it incredible. My mother, however would find it vindication. As my Cub Scout den Mom, she lead many wonderful activities. One such project involved making small first aid kits. Among the band-aids and ointments were two small tampons for each kit. As a group of young boys this was not only funny but something to tease about (or get teased about if it was your mom). Well Scott, Danny and whoever else was in the den - looks like Mom knew what she was talking about after all. Happy camping - don't forget your tampons.

 

Legitimate Scientists Knew Tsunami Inevitable But Were Drowned Out By Global Warming Crowd et. al.

Scientists demanded warning system two years ago. The Scottsman.com reports that a group of scientists has been lobbying the UN for a tsunami warning system for the last two years. The tectonic plates which caused the recent tsunami were known to be active and had caused seismic activity in 1797, 1833 and 1861. To simplify the science, this fault was "due" for another big quake and the subsequent tsunami. The question is why did the warnings fall on deaf ears. My suspicion is that the group of scientists warning of this disaster were seen as another scientific group crying wolf. The small amount of their work I have read seems reputable and solid. No one can argue against measured fault activity and the relation of increased level of small plate movements to an upcoming large quake. In addition, this group was asking for nothing more that a warning system - not major social, political or economic change. Compare this with other "scientists" constantly warning of major natural disasters brought about by global warming, fossil fuels, chorofluorocarbons, or logging. I actually saw one woman on CNN the other night talking about a tsunami which would be strong enough to cross from the east to the west coast of America and somehow related this to pollution. Many of these scientists are socially and politically motivated and are interested in changing our economic and cultural systems and beliefs and thus exaggerate their claims to sound more relevant and important. Unfortunately, these activists steal the thunder of the real scientists and drown out their legitimate calls for preventative action.

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