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:

Pain at the Pump

Networks Ignore U.S. Agreement on Global Warming

Social Securitys Retirement Date Long Passed

Research, News & Commentary


: 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: has a roundup of whats happened with budgets and taxes across the states in the past year.


: 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.


: 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.