New from the Business & Media Institute
If Inflation Falls in the Forest
When no one reports good news, does that mean it didnt happen? Of course not. And the biggest decline consumer prices have seen in 56 years is pretty big news. Unfortunately, the media paid a lot more attention when inflation rose back in September.
Commentary: Boo-Hoo Economics
The media found plenty to cry about in 2005. But if they could stop spinning economic positives as negatives, maybe they would realize they could put away their hankies for awhile.
The Good, the Bad & the Ugly
The Good, the Bad & the Ugly tracks the best and worst media coverage of business and economics. Readers are invited to submit suggestions or news tips to staff writer Ken Shepherd.
This week: USA Today shows a town eager for a nuclear plant; ABC, NBC gun-shy on calling transit strike illegal; Lou Dobbss deficit of economic knowledge widens.
Also from BMI:
Research, News & Commentary
News: The Washington Posts Stephen Barr reports on how Congress has scaled back a Bush administration program that uses cost-comparison studies to determine whether commercial activities performed by the government should be turned over to contractors. The bottom line: as of November 30 of this year, its become harder to save taxpayers money and improve quality of service by contracting work to private companies.
Commentary: The December 20 New York Sun derides the Transit Workers Union for its blatantly illegal act of economic sabotage staged during one of the most important business weeks in the city in a last-ditch attempt to preserve privilege.
News: The Heritage Foundations Policy Blog looks at how bridge-building projects in Alaska originally thought to be garden-variety pork projects would personally benefit Alaskan politicians pushing for them.